Lloyd’s members agents oppose move from TMK 510 to hike profit commissions

05 July 2021

Members agent Hampden is to write to Lloyd’s objecting against a proposed profit commission increase for Tokio Marine Kiln Syndicate 510, which it claims is not justified give the syndicate’s track record relative to peers.

Names-backed TMK 510 – for which aligned capacity totals 56% – is aiming to increase the syndicate profit commission by 2.5

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