Tokio Marine Kiln Syndicates 510, 557 and 308 2015 account results and updated forecasts for 2016 and 2017

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15 February, 2018

Tokio Marine Kiln Syndicates 510, 557 and 308 2015 account results and updated forecasts for 2016 and 2017

Tokio Marine Kiln has announced the 2015 year of account results and the latest forecasts for 2016 for its syndicates 510, 557 and 308. Furthermore, the insurer has also provided its first estimates for the 2017 year of account following the catastrophes experienced in the second half of last year.

The previous forecasts, which were announced in November 2017, have been rebased to the same exchange rates (US$1.35 and C$1.70). The forecasts set out below take into account all managing agency and Lloyd’s charges but are before members’ agency fees.

2015 year of account results   

Syndicate    

Capacity £m 

Result (% of capacity)

Previous forecast range as at November 2017 %

510

1,063

11.1   

7.6 to 12.6

557

35   

29.9   

26.1 to 31.1

308

32  

-6.3   

-11.8 to -6.8

 

2016 year of account forecasts   

Syndicate    

Capacity £m 

2016 year of account forecast range %

Previous forecast range as at November 2017 %

510

1,062

 -3.7 to 1.3    

-3.4 to 1.6

557

35   

11.2 to 16.2   

 9.9 to 14.9

308

32  

-14.6 to -9.6   

-14.5 to -9.5

 

2017 year of account forecasts

Syndicate 

Capacity £m                    

2017 year of account forecast range %

510

1,131  

-14.9 to -4.9

557

34

-45.0 to -35.0

The company’s full press release can be viewed here.