Dale Underwriting Partners Limited has provided us with the updated forecast for the 2021 year of Syndicate 1729 and an initial forecast for the 2022 year of account as follows:

 

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

184,940

-4.0% to 6.0%

-5.0% to 10.0%

1.5 points worse

2022

210,000

-3.0% to 12.0%

   

 

All syndicate results and forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses other than members’ agents’ fees.