February 28, 2025
Kiln 510 and 557 - 2022 Results and 2023 Forecasts
Tokio Marine Kiln has released results for the 2022 Year of Account and updated forecasts for the 2023 Year of Account for Syndicates 510 and 557, as follows;
Result / Latest Forecast | Previous Forecast | Mid Point Movement | ||
Syn 510 | 2022 | +4.8% | +4.4% to +14.4% | -4.7%* |
2023 | +13.8% to +18.8% | +10.9% to +15.9% | +2.9% | |
*We understand that the deterioration arises from further reserves required for potential claims for the trapped planes following the invasion of Ukraine - more information to follow | ||||
Result / Latest Forecast | Previous Forecast | Mid Point Movement | ||
Syn 557 | 2022 | -15.2 | -22.1% to -17.1% | +4.4% |