Mixed performance forecast for Kiln syndicates
Non-aligned Lloyd’s syndicates operated by Kiln have been hit by catastrophe losses as the insurer has updates forecasts for years of account from 2010 onwards.
The insurer's largest syndicate, 510, is forecast to record profits for the 2010 and 2011 years of account, though forecasts for 2012 concede the possibility of a loss of up to £29m based on a total
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