A number of managing agents have advised us of updated forecasts for the 2017 and 2018 years of account.

Apollo Syndicate Management Limited

Syndicate 1969

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

209,123

-30.0% to -25.0%

-30.0% to -25.0%

unchanged

2018

224,516

-8.0% to 2.0%

-8.0% to 2.0%

unchanged

 SPA 6133

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

35,000

-40.0% to -20.0%

-50.0% to -30.0%

10.0 points better

Argenta Syndicate Management

Syndicate 2121

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

298,103

-5.0% to 2.5%

-5.0% to 2.5%

unchanged

2018

340,000

-8.5% to 1.5%

-7.5% to 2.5%

1.0 points worse

ERS Syndicate Management

Syndicate 218

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

478,865

-0.1% to 9.9%

-0.7% to 9.3%

0.6 points better

2018

479,598

-5.0% to 5.0%

-5.0% to 5.0%

unchanged

Forecasts are expressed as a percentage of capacity and are after all standard personal expenses other than members’ agents’ fees and charges.

A schedule of the updated forecast results as at 30 June 2019 is attached here.