Kiln Syndicate $837mn in red on Sri Muang loss
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Kiln Syndicate $837mn in red on Sri Muang loss

10 April 2012
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Syndicate 1880, the Kiln-managed syndicate used by Tokio Marine for intra-group reinsurance, has incurred a loss of $840mn after it was hit by $731mn of claims originating from the parent company's Sri Muang joint venture in Thailand.

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