Asta Managing Agency Limited have provided us with updated forecasts for the 2020 and 2021 years of account for syndicates 1729, 2525, 2689 and 4242. These are as follows:

Syndicate 1729

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

134,857

-4.0% to 6.0%

-5.0% to 10.0%

1.5 points worse

2021

184,940

-5.0% to 10.0%

-5.0% to 10.0%

unchanged

Syndicate 2525

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

79,359

5.0% to 20.0%

0.0% to 15.0%

5 points better

2021

85,968

0.0% to 15.0%

0.0% to 15.0%

unchanged

Syndicate 2689

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

70,303

-22.8% to -12.8%

-21.8% to -11.8%

1.1 points worse

2021

70,737

-18.7% to -8.7%

-13.8% to -3.8%

4.9 points worse

Syndicate 4242

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

165,000

-44.2% to -34.2%

-41.8% to -31.8%

2.4 points worse

2021

225,000

1.9% to 11.9%

-0.3% to 9.8%

2.2 points better

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