We have received a number of updated syndicate forecasts 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

128,000

-7.5% to +7.5%

   

Asta Syndicate 2525 (Tony Ive)

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

64,365

0.0% to +10.0%

0.0% to +10.0%

Unchanged

2019

69,875

0.0% to +15.0%

 

 

 Brit Syndicate 2988

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

98,430

-30.1% to -23.0%

-23.1% to -17.7%

6.2 points worse

2019

98,000

-21.3% to -8.2%

   

 Asta Syndicate 5886 (Blenheim)

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

179,796

-10.0% to 0.0%

-10.0% to 0.0%

unchanged

2019

215,000

-10.0% to +10.0%

   

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

Lloyd’s is due to publish forecast results for the 2018 and 2019 years of account for all syndicates supported by third party members on 27 May 2020. A summary of those forecasts that we have received to date is available here.