Beazley made a press release last week which gave the results of the 2016 account of Syndicates 623 and 6107. This release made no reference to the updated forecasts for the 2017 accounts of those syndicates. Beazley has confirmed that the forecasts at 31 December 2018 are unchanged from those at 30 September 2018. Results and forecasts are therefore as follows:

Syndicate 623

 

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2016

257,277

8.7%

0.0% to 10.0%

3.7 points better

2017

304,482

-10.0% to 10.0%

-10.0% to 10.0%

unchanged

2018

351,303

No forecast at this stage

 

SPA 6107

 

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2016

28,622

33.3%

20.0% to 40.0%

3.3 points better

2017

46,585

-35.0% to -5.0%

-35.0% to -5.0%

unchanged

2018

55,125

No forecast at this stage

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

A complete list of results and forecast received to date is here.