Forecasts & Results

TMK has released an updated forecast for the 2024 and 2025 years of account for syndicate 510

Posted 06/08/2026 – Forecasts & Results

TMK has released an updated forecast for the 2024 and 2025 years of account for syndicate 510

Syndicate 510

The 2024 forecast has improved to a profit of between +8.4% and +18.4% of capacity, midpoint +13.4%. The previous forecast range was +8.2% and +18.2%, midpoint +13.2%.

The 2025 forecast has deteriorated to a profit of between +2.7% and +12.7%, midpoint +7.7%. The previous forecast range was +3.2% and +13.2%, midpoint +8.2%.

Alpha comment

The 2024 year of account is still forecasting a reasonable profit but it is disappointing to see 2025 deteriorate so early on in the development. We will report on the reasons with the full set of syndicate forecasts.

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