Kiln said the rating environment has continued to develop better than predicted in its June AGM statement.
It said it had achieved overall renewal rates of 104%on its 2002 rates, and 98% on its 2003 rates.
For Syndicate 510, the 2004 gross incurred loss ratio at the half year points stands at 8%, a slight improvement on the same point in 2003.
Kiln said this was due to the property account, where rates have held up better than expected during this period, the company said. The property loss ratio on 2004 is some 4 points better than it was at the same time in 2003.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
