TMK Syndicate 510 posts combined ratio of 90.6% as profits slip
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TMK Syndicate 510 posts combined ratio of 90.6% as profits slip

Aisling Finn
31 March 2023
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Tokio Marine Syndicate 510 has reported a combined ratio of 90.6% for 2022, a slight deterioration on the 88.9% reported last year.

The syndicate’s profits slipped to £56.8mn ($70.2mn) in 2022, a 31% decline on the £82.3mn reported last year.

The dip in profits largely stems from £55.86mn

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