Charles Taylor Managing Agency Lijmited has provided us with an updated estimate for the 2016 account of Syndicate 1884 and an initial forecast for the 2017 account as follows:

 

year of account

Capacity
£000s

Revised forecast Range

Previous Forecast Range

Change at
Midpoint

2016

90,000

-37.0% to -27.0%

-37.0% to -27.0%

unchanged

2017

99,990

-40.0% to -20.0%

No Forecast at this stage

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

The complete list of syndicate forecasts released to date is available here. Lloyd’s is due to release the forecasts for all syndicates supported by third party capacity tomorrow.