Chaucer Syndicates Limited has provided us with an update to the forecasts for syndicate 1176. These are as follows:

Year of account


Current forecast

Previous forecast

Change at midpoint



37.5% to 47.5%

32.5% to 42.5%

5 points better



12.5% to 32.5%

10.0% to 30.0%

2.5 points better


Forecast results are expressed as a percentage of syndicate capacity and are after all standard personal expenses but before members’ agents’ fees and charges