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Syndicate Management
Investing at Lloyd's
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About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Apollo Syndicate Mangement Limited has released updated forecasts for Syndicates 1969, 1971 and SPA 6133.
These are as follows:
Syndicate 1969
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
295,000 |
0.0% to 5.0% |
0.0% to 5.0% |
unchanged |
2022 |
450,000 |
7.5% to 17.5% |
5.0% to 15.0% |
2.5 points better |
Syndicate 1971
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
115,000 |
8.0% to 18.0% |
5.0% to 15.0% |
3 points better |
2022 |
200,000 |
8.0% to 18.0% |
8.0% to 18.0% |
unchanged |
SPA 6133
| Year of account | Capacity £000s |
Updated Forecast | Previous Forecast Range |
Change at Midpoint |
| 2021 | 65,020 | 2.0% to 7.0% | 1.0% to 6.0% | 1 points better |
| 2022 | Syndicate ceased | 0.0% to 0.0% | 0.0% to 0.0% | unchanged |
These forecasts are based on data to 30 September 2023 and are updates to forecasts released in August using data to 30 June 2023. The exchange rate used in the most recent forecast is $1.21:£1, compared to $1.27:$1 in the earlier return.
As a reminder, syndicate forecasts are published as a percentage of total syndicate capacity and are after all standard personal expenses, but before members’ agents’ fees and charges.