Today, results and updated forecasts were received for QBE’s syndicate 386, Blenheim’s 5886 and the Standard syndicate 1884. 

 

Syndicate 386 – QBE

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

316,636

9.1%

11.1% to 16.1%

4.5 points worse

2018

316,602

-1.2% to 3.8%

6.5% to 11.5%

7.7 points worse

2019

317,000

No forecast at this stage

   

  

Syndicate 5886 - Blenheim

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

149,904

-26.2%

-27.5% to -22.5%

1.2 points worse

2018

179,796

-10.0% to 0.0%

-10.0% to 0.0%

unchanged

2019

215,000

No forecast at this stage

   

 

Syndicate 1884 – Standard

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

99,985

-52.0%

-57.5% to -42.5%

2 points worse

2018

99,985

-55.0% to -35.0%

-55.0% to -35.0%

unchanged

2019

Syndicate ceased

No forecast at this stage

   

 

Results and forecasts are expressed as a percentage of capacity and after all standard personal expenses, but before deductions of members' agent fees and charges.