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Nov 09, 2020

Tokio Marine Kiln estimates syndicates 510 and 557

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The updated estimates are as follows:


Brad Irick, Chief Executive Officer of Tokio Marine Kiln, said:

“This year has reinforced the critical role we play as insurers in underpinning economies and enabling our clients. I am incredibly proud of the commitment that all our employees, including our market leading claims team and expert underwriters, have shown throughout this period.

“As we approach the renewals season and with rates hardening across multiple business lines we are well positioned with the financial strength and expertise to leverage opportunities that are aligned with our risk appetite through 2021 and beyond. Our focus remains on delivering as a recognised top tier specialty insurer that is known for our people, our commitment to our clients and our values.”

Syndicate 510

Year of Account

Current forecast

Previous forecast

2018

1.8% to (3.2)%

1.11% to (6.39)%

2019

(4.4)% to (14.4)%

(4.54)% to (14.54)%

Syndicate 557

Year of Account

Current forecast

Previous forecast

2018

2.8% to (2.2)%

2.63% to (2.37)%

2019

0.7% to (4.3)%

0.14% to (4.86)%