PMN promina group limited

Promina is no JHX. If you read through PMN result's report you...

  1. 47 Posts.
    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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