Summary
ENGINEERING companies are sitting on a timebomb of potential asbestosrelated illness claims, which could force them to pay out millions in compensation, following the collapse of a specialist insurer.
Shipbuilder VT set aside Pounds 15m to cover future payouts after an extensive inquiry into how many employees might be affected. It has already settled some 120 claims, paying out more than Pounds 2m.See the full content of this document
Extract
Asbestosis Makes Vt Feel the Heat
Chief executive Paul Lester said: 'We have take...
See the full content of this document
Sponsored links
