
Insights
Tokio Marine Kiln Syndicates 510 & 557 2018 & 2019 Year of Account Forecasts and Syndicate 308 2017 Year of Account Forecast
Posted 21/05/2020 – Insights
Tokio Marine Kiln has announced the following forecasts as of 31st March 2020 for the 2018 and 2019 years of account for syndicates 510 & 557 as well as an update on the 2017 year of account for syndicate 308:
Syndicate 510
The 2018 forecast loss has widened, from a range of -5.4% to -0.4%, to between -6.9% and 0.6% of capacity.
An initial 2019 forecast has been set with a range of between -11.4% and -1.4% of capacity.
Syndicate 557
The 2018 forecast loss has improved, from a range of -3.8% to 1.2%, to between -3.0% and 2.0% of capacity.
An initial 2019 forecast has been set with a range of between 9.9% and 14.9% of capacity.
Syndicate 308
The 2017 account (which remains open) forecast is unchanged, with a range of -52.2% and -47.2% of capacity.
There is no forecast for the 2018 or 2019 years of account, the syndicate having ceased underwriting at the end of the 2017 year of account.