TMK Syndicate 510 improves bottom line for 2015

Tokio Marine Kiln (TMK)'s Syndicate 510 delivered higher
profits in 2015 amid premium growth and a lower incidence of
non-catastrophe losses.
The carrier's flagship Syndicate 510 closed the year with
profits up 15.7 percent to £111mn ($157mn), equivalent to a
10.5 percent return on capacity.
Its combined ratio improved by 1.5 percentage points to 84.4
percent, which stemmed from the loss ratio decreasing by 1.9 points
to 48.7 percent.
TMK said that the narrowing loss ratio was partially dr