Managing Agency Partners Limited has provided us with updated forecasts for the 2021 year of account and the initial forecast for 2022 year of account. These are as follows:

Syndicate 2791

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

400,386

1.0% to 6.0%

0.0% to 5.0%

1 points better

2022

400,667

2.5% to 10.0%

    

 

SPA 6103

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

64,961

-10.0% to -5.0%

-12.5% to -5.0%

1.3 points better

2022

65,938

-12.5% to -2.5%

    

 

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