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MAP Syndicate forecasts as at 30 June 2023

Managing Agency Partners Limited has provided us with updates to forecasts for the open years of Syndicate 2791 and SPA 6103 as follows:

Syndicate 2791

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

400,386

1.0% to 6.0%

1.0% to 6.0%

unchanged

2022

400,265

5.0% to 10.0%

2.5% to 10.0%

1.3 points better

SPA 6103

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

64,961

-9.0% to -4.0%

-10.0% to -5.0%

1 points better

2022

65,785

-10.0% to -2.5%

-12.5% to -2.5%

1.3 points better

Results and forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before the deduction of members’ agents’ charges. MAP adds there is uncertainty around the final outcome of the 2022 year of account as it is at such an early stage of development.

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