Profit forecast for TMK Syndicate 510 improves
Lloyd's managing agent Tokio Marine Kiln (TMK) has unveiled
improved forecasts for its flagship Syndicate 510 for the 2014 year
of account.
The £1.06bn capacity syndicate upgraded its forecast from a
previous profit range of 4.1 percent to 9.1 percent to profits of
between 4.5 percent and 9.5 percent of capacity. This equates to a
0.4 percentage point improvement in the midpoint.
Meanwhile, forecast ranges for syndicates 308 and 557
deteriorated slightly for the 2014 year.
The £46mn
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