Syndicates 2791 and 6103
2020 Year of Account forecast result at 30 months
The forecast results for the 2020 Year of Account after deduction of all standard personal expenses but before members’ agency fees are:
Syndicate 2791: A range between a loss of 5% and a profit of 2.5% (unchanged).
Syndicate 6103: A loss of between 17.5% and 10% (unchanged).
2021 Year of Account forecast result at 18 months
The forecast results for the 2021 Year of Account after deduction of all standard personal expenses but before members’ agency fees are:
Syndicate 2791: A range between a loss of 2.5% and a profit of 5% (previously a range between a loss of 5% and a profit of 2.5%).
Syndicate 6103: A loss between 12.5% and 5% (previously a loss of between 15% and 5%).
The 2021 Year of Account is at an early stage of development and there remain a number of material uncertainties that may affect the ultimate result.
James Denoon Duncan
August 2022