A number of managing agents have provided updated syndicate forecasts based on data as at 30 June 2020. These are as follows

Asta Syndicate 1729 (Dale Underwriting Partners)

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

131,808

-12.5% to 2.5%

-12.5% to 2.5%

unchanged

2019

127,684

-5.0% to 10.0%

-7.5% to 7.5%

2.5 points better

Apollo Syndicate 1969

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

224,516

-8.0% to 2.0%

-8.0% to 2.0%

unchanged

2019

249,989

2.5% to 12.5%

2.5% to 12.5%

unchanged

Apollo Syndicate 1971

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2019

130,000

0.0% to 10.0%

0.0% to 10.0%

unchanged

Brit Syndicate 2988

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

98,430

-27.0% to -20.6%

-30.1% to -23.0%

2.7 points better

2019

97,708

-23.9% to -9.9%

-21.3% to -8.2%

2.2 points worse

Apollo SPA 6133

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

35,000

-27.5% to -22.5%

-27.5% to -22.5%

unchanged

2019

50,000

-10.0% to 0.0%

-10.0% to 0.0%

unchanged

A complete list of forecasts received to date is available here. Lloyd’s will release forecast results for all syndicates supported by third party capital on Wednesday 12 August.

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