Promina is no JHX.
If you read through PMN result's report you will see that they are very conservately provisioned for aspestos, infact provisioned for 90% level of sufficiency. The amount paid for aspestos last year was $5 million.
IAG also have a similar exposure to aspestos, and if you read through their report will see that they have provisons for aspestos also.
I think you'll find all the major insurers have provisions for aspestos.
JHX has about $1.5 billion exposure. The insurer's exposure is in the low $100millions.
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promina group limited
Promina is no JHX. If you read through PMN result's report you...
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