Kiln said its flagship Syndicate 510, has seen a 13% increase in rates when compared to the same period last year with reinsurance and marine pricing up 19% and 32% respectively.
Kiln said its budgeted premium income for the year to the end of April is up by over 17% compared with same period in 2005, with the marine and property divisions showing particular strength.
The company added that the actual risk count in Syndicate 510 is down over 11%.
Nick Cosh, chairman of Kiln said: “The new underwriting environment is continuing to evolve, with marked pricing increases to date in areas such as reinsurance, offshore energy and property; we believe that this will continue to develop and change as the year progresses.
"Kiln is continuing to take good advantage of the rating conditions, while controlling exposure carefully across all classes of business.”
