Syndicates 2791 and 6103
2020 Year of Account forecast result at 27 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% of allocated capacity (unchanged).
Syndicate 6103: A loss of between 10% and 17.5% (previously a loss of between 5% and 15%).
2021 Year of Account forecast result at 15 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 5% and a profit of 2.5%.
Syndicate 6103: A loss of between 5% and 15%.
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
May 2022