Alberta wildfires dent profit forecast for TMK

Tokio Marine Kiln (TMK) has revealed that losses from the
Alberta wildfires in May this year have caused it to lower its
profit forecast for the 2015 year of account at its flagship
Lloyd's syndicate.
The 2015 profit forecast for Syndicate 510, which has capacity
of £1.06bn ($1.41bn), fell from a range of between 5.3 percent
and 10.3 percent of capacity to between 4.2 percent and 9.2
percent.
Similarly, the 2015 year of account forecast for Syndicate 557
moved from...