Beazley Syndicate Forecasts

22 May 2023

Beazley has provided us with updated forecasts for its three syndicates trading with third party capital. These are as follows:

SPA 6107

Year of account	Capacity £000s	Updated Forecast	Previous Forecast Range	Change at Midpoint
2021	70,489	7.5% to 27.5%	0.0% to 20.0%	7.5 points better
2022	67,500	-10.0% to 20.0%

Syndicate 5623

Year of account	Capacity £000s	Updated Forecast	Previous Forecast Range	Change at Midpoint
2021	144,180	-3.0% to 7.0%	-3.0% to 7.0%	unchanged
2022	204,600	-3.0% to 7.0%

Syndicate 623

Year of account	Capacity £000s	Updated Forecast	Previous Forecast Range	Change at Midpoint
2021	514,759	-2.5% to 17.5%	-5.0% to 15.0%	2.5 points better
2022	588,000	-5.0% to 15.0%

Syndicate forecasts are expressed as a percentage of syndicate capacity and are after all standard personal expenses but before members' agents' fee