26 May 2005 17:05
Kiln PLC26 May 2005 Kiln plc R J Kiln & Co Limited Updated Syndicate Forecasts R J Kiln & Co Limited today published its updated forecasts for the 2003 and2004 years of account for its four Lloyd's syndicates. For 2003, all syndicatesshow stable or improving forecasts, continuing the trend of excellent forecastsin recent years. The forecasts for 2004, in spite of the severe hurricaneactivity, still show improvements for two of Kiln's syndicates, and minimaldeteriorations in the others. These forecasts are expressed at 31 March 2005 exchange rates. The previousforecasts shown below, which were announced originally in February, have beenrebased to the same exchange rate. R J Kiln & Co Limited Updated Syndicate Forecasts 2003 Account Capacity £ million Forecast Range Previous forecast as at February 2005 (% of capacity)Syndicate 510 483 21.7 to 16.7 19.7 to 14.7Syndicate 557 55 39.0 to 34.0 37.8 to 32.8Syndicate 807 87 15.4 to 10.4 15.4 to 10.4Syndicate 308 4 11.8 to 8.8 7.7 to 4.7 2004 Account Capacity £ million Forecast Range Previous forecast as at February 2005 (% of capacity)Syndicate 510 507 10.3 to 5.3 9.1 to 4.1Syndicate 557 55 10.4 to 5.4 9.2 to 4.2Syndicate 807 113 10.8 to 5.8 11.2 to 6.2Syndicate 308 5 6.7 to 1.7 7.3 to 2.3 26 May 2005Enquiries: Kiln plc 020 7886 9000Robert Chase, Director of Underwriting College Hill 020 7457 2020 Tony FriendRoddy Watt This information is provided by RNS The company news service from the London Stock Exchange