Liability Risk and Insurance
Equitas settles EnPro asbestos liabilities
Equitas has agreed a $118mn settlement of its asbestos liabilities with US engineering group EnPro.
Equitas will pay $30mn to EnPro and the remainder to an asbestos trust set up to resolve claims against EnPro units. The payout settles
all current and future claims by EnPro and its subsidiaries against all
Lloyd’s underwriters.