The company says the Asbestos Injuries Compensation Fund board has advised it that it is foreseeable that it will have a shortfall in funding to pay out claims by 2017. The fund’s prediction of a shortfall is based on an annual actuarial report by accounting firm KPMG , which earlier this year revealed a higher-than-expected number of mesothelioma claims, and thus raised its forecasts for cases of this asbestos-related cancer.
