XL Capital Ltd, as of Dec. 31, 2008, reported 1,546 open claim files for potential asbestos exposures, according to the Company’s annually report filed with the Securities and Exchange Commission on March 2, 2009.
During 2008, the Company reported 257 new…
Ingersoll-Rand Company Limited’s liability for asbestos-related matters totaled US$1.195 billion at Dec. 31, 2008, compared with US$754.9 million.
The Company’s asset for probable asbestos-related insurance recoveries totaled US$423.8 million at Dec. 31, 2008, compared with US$249.8 million at Dec. 31, 2007.
Headquartered…
Ingersoll-Rand Company Limited recorded 63,308 open asbestos claims of its legacy businesses at Dec. 31, 2008, compared with 100,623 claims at Dec. 31, 2007.
At Dec. 31, 2008, the Company had 4,567 new claims filed; 3,693 claims settled; and 38,189 claims…
Ingersoll-Rand Company Limited’s subsidiary, Trane Inc., continues to be in litigation against certain carriers whose policies it believes provide coverage for asbestos claims.
The insurance carriers named in this suit have challenged Trane’s right to recovery. Trane filed the action in…