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Ariel Re results and forecasts

Ariel Re Managing Agency Limited has provided the results for the 2022 year of account and updated forecasts for the 2023 year of account for its managed syndicates. They are as follows:

 

Syndicate 1910

Year of account

Capacity
£000s

Final Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2022

380,850

17.0%

12.7% to 22.7%

0.6 points worse

2023

653,357

36.5% to 46.5%

33.3% to 43.3%

3.2 points better

SPA 6117

Year of account

Capacity
£000s

Final Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2022

62,695

20.9%

16.5% to 26.5%

0.6 points worse

2023

59,589

44.8% to 54.8%

40.8% to 50.8%

4.1 points better

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

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