Chaucer Syndicates Limited has advised us with an updated forecast result for the 2016 account of syndicate 1176 as well as providing an initial forecast for the 2017 account. These are as follows

 

year of account

Capacity
£000s

Revised forecast Range

Previous Forecast Range

Change at
Midpoint

2016

34,931

15.0% to 35.0%

15.0% to 35.0%

Unchanged

2017

37,500

20.0% to 40.0%

No Forecast at this stage

As usual, all forecasts are expressed as a percentage of allocated capacity and are after the deduction of all standard personal expenses other than members’ agents’ fees and charges.

A summary of all the forecasts as at 31 March 2018 that have been released to date is available here. Lloyd’s is due to publish a complete list on Wednesday 16 May.