Canopius Managing Agents Limited have notified us of the results and updated forecasts for Syndicates 260 and 958. These are as follows:

Canopius Syndicate 260

 

Year of
account

Capacity
£000s

Result

Previous Forecast
Range

Change at
Midpoint

2014

69,854

-9.3% loss

-11.0% to -6.0%

0.8 points worse

2015

Syndicate ceased

Syndicate 260 ceased trading at the end of 2014, with its operations merged with those of Syndicates 958 and 4444.

Canopius Syndicate 958

 

Year of
account

Capacity
£000s

Result/Revised
forecast range

Previous Forecast
Range

Change at
Midpoint

2014

174,931

6.9% profit

5.1% to 10.1%

0.8 points worse

2015

184,743

1.3% to 6.3%

2.7% to 7.7%

1.4 points worse

2016

merged with Syndicate 4444

A summary of all results received to date is available here.

All results and forecasts are expressed as a percentage of capacity after all standard personal expenses other than Members’ agents’ fees and charges.