Canopius Managing Agency Limited has provided us with an update on the forecast for the 2021 and 2022 years od account for Syndicate 4444 as follows:

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

1,699,980

1.0% to 6.0%

0.5% to 5.5%

0.5 points better

2022

1,700,000

3.4% to 8.4%

3.8% to 8.8%

0.4 points worse

 

Forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before deduction of member’s agents’ fees.