Chaucer Syndicates Limited has provided us with updated forecasts for the open years of syndicate 1176 (the nuclear syndicate) as at 30 June 2021 These are as follows:

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2019

46,470

25.0% to 35.0%

15.0% to 35.0%

5 points better

2020

46,500

15.0% to 35.0%

10.0% to 30.0%

5 points better

 

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