Tokio Marine Kiln syndicates to deliver profits

The three Lloyd’s syndicates of dual platform provider of specialist and corporate insurance Tokio Marine Kiln are all on course to deliver profits for the 2014 year of account.

Syndicates 510 and 557 are also predicted to deliver very good profits for the 2013 year of account.

The firm has attributed it profitable status to addressing the changing needs of its clients through a high-quality service and innovation

Charles Franks, chief executive officer of Tokio Marine Kiln Syndicates Limited, said: “Today’s strong forecasts demonstrate that putting customers at the heart of what we do remains an effective long-term strategy.

“In addition to delivering cutting edge insurance products, we are continuing to address changing client demand by investing in new talent and distribution, including the recent appointment of a fine art and specie underwriter to our marine team and a new consortium for corporate aviation business.

“As the market evolves, we will continue to broaden our portfolio and deliver a first class service to customers and clients through our expert underwriting and claims teams.”