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James Hardie Industries Plc (ASX:JHX)

ALERT: Price-sensitive ASX Announcement for JHX
Current share price for JHX : $37.600 10.82 (40.40%)+
Release
20 May 2026 7:30AM
Price at Release
$26.780
Full Release
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Summary
The KPMG Actuarial Report dated 31 March 2026 for James Hardie Industries Plc outlines the financial and actuarial assessments related to asbestos-related claims and liabilities. The report covers methodologies for valuating claims, reviews historical claims data, projects future claims, and discusses insurance recoveries and liabilities. It includes detailed sections on mesothelioma, asbestosis, lung cancer, and other asbestos-related diseases, examining their incidence, latency, settlement patterns, and average claim sizes. The report also evaluates economic assumptions, such as inflation rates and discount rates, and provides a comprehensive overview of the financial implications for James Hardie due to asbestos liabilities over the upcoming years.
Key Points
  • Evaluation of asbestos-related claims and liabilities
  • Detailed analysis of disease types and claims
  • Projection of future claims and settlement patterns
  • Insurance recoveries and liabilities assessment
  • Economic assumptions including inflation and discount rates
  • Impact of asbestos liabilities on James Hardie
  • Methodologies for valuating claims and historical data review
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.