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About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Chaucer Syndicates Limited has provided us with the updated forecast for the open years of account on syndicate 1176. These are as follows:
Syndicate 1176
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
46,476 |
32.5% to 42.5% |
27.5% to 37.5% |
5 points better |
2022 |
46,500 |
10.0% to 30.0% |
7.5% to 27.5% |
2.5 points better |
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.