Crash dump initialization failed! Event ID: 46

We are seeing the following on Server 2016:


Log Name:      System
Source:        volmgr
Date:          17/09/2019 07:14:22
Event ID:      46
Task Category: None
Level:         Error
Keywords:      Classic
User:          N/A
Computer:      pc.domain.local
Description:
Crash dump initialization failed!
Event Xml:
<Event xmlns="http://schemas.microsoft.com/win/2004/08/events/event">
  <System>
    <Provider Name="volmgr" />
    <EventID Qualifiers="49156">46</EventID>
    <Level>2</Level>
    <Task>0</Task>
    <Keywords>0x80000000000000</Keywords>
    <TimeCreated SystemTime="2019-09-17T06:14:22.231603000Z" />
    <EventRecordID>496259</EventRecordID>
    <Channel>System</Channel>
    <Computer>pc.domain.local</Computer>
    <Security />
  </System>
  <EventData>
    <Data>\Device\HarddiskVolume3</Data>
    <Binary>0000000001000000000000002E0004C004100000080000C000000000000000000000000000000000</Binary>
  </EventData>
</Event>