The ratings of Syndicate 510 reflect the financial strength of Lloyd’s, which underpins the security of all Lloyd’s syndicates. In addition, the ratings factor in the syndicate’s track record of strong underwriting performance and its robust business profile. The syndicate benefits from its association with Tokio Marine Holdings, Inc. (Tokio Marine), which is the ultimate parent of TMKS and the syndicate’s main corporate member,
The syndicate has a track record of strong underwriting performance, as demonstrated by a five-year (2011–2015) average combined ratio of 90.1%. However, technical performance is subject to volatility, due to exposure to catastrophe risks. In 2015, on an annually accounted basis, the syndicate reported a strong pre-tax profit of
The syndicate’s strong presence in the Lloyd’s market is enhanced by its affiliation with the Tokio Marine and Kiln brands. These brands were more closely aligned in
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Laura Balkarova, +44 20 7626 6264
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