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Meacock improves open year forecasts

We have received updated forecasts for the open years of Syndicate 727 from S A Meacock & Company. Both years have improved. The improvement arises as the upper end of the range is held constant, but the lower end has increased. Forecasts are as follows.

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2022

88,888

7.5% to 15.0%

2.5% to 15.0%

2.5 points better

2023

101,232

0.0% to 15.0%

-2.5% to 15.0%

1.3 points better

Syndicate forecasts are expressed as percentage of capacity and are after all standard personal expenses, but before members’ agents’ fees and charges. The most recent forecasts are based on data to 30 September 2024, and use principal exchange rates of US$1.34:£1 and Can 1.81:£1. The previous forecasts, were based on data to 30 June 2024 and used exchange rates of US$1.26:£1 and Can $1.73:£1.

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