12-11-2015 19:07 via insuranceinsider.com

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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