Kiln CEO champions 'profit not premium' following underwriting improvements
Kiln chief executive Charles Franks has praised his firm’s “strict underwriting standards” amid a challenging market conditions, after syndicates were forecast to deliver a profit for the 2011 and 2012 years of account.
All syndicates have shown improvements throughout the quarter, with the forecasts for Syndicates 510 and 557 improving slightly due to favourable claims run-off on 2011.
Syndicate 807, which is in the
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