Kiln predicts “excellent” 2009 returns with outlook down for 2010
J Kiln & Co Limited, part of the Tokio Marine Group, has released forecasts for the 2009 and 2010 years of account – with 2009 set to make “excellent returns” and 2010 hit by major catastrophe activity.
The firm said Syndicate 510 was on track to make a modest profit despite significant catastrophe activity in 2010.
The updated forecasts also said the 2009 year of account is on track to deliver
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