Tokio Marine Kiln Syndicates Limited has provided updated forecasts for the open years of its managed syndicates as follows:

Syndicate 510

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

1,499,445

-2.2% to 7.9%

-2.7% to 7.4%

0.5 points better

2022

1,499,100

2.8% to 7.8%

3.2% to 8.2%

0.4 points worse

Syndicate 557

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

41,263

-6.0% to -1.0%

-5.2% to -0.2%

0.8 points worse

2022

41,280

-34.6% to -29.6%

-37.6% to -32.6%

2.9 points better

Syndicate forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before members’ agents’ charges.

We anticipate that Lloyd’s will release the complete schedule of forecasts for syndicates supported by third party members tomorrow (Friday 25th).