About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Managing Agency Partners Limited has provided us with the results and updated forecasts for Syndicate 2791 and SPA 6103. These are as follows;
Syndicate 2791
Year of account |
Capacity |
Result / Updated Forecast |
Previous Forecast |
Change at |
2020 |
399,855 |
2.0% |
-5.0% to 2.5% |
3.3 points better |
2021 |
400,386 |
0.0% to 5.0% |
-2.5% to 5.0% |
1.3 points better |
SPA 6103
Year of account |
Capacity |
Result / Updated Forecast |
Previous Forecast |
Change at |
2020 |
49,863 |
-18.0% |
-20.0% to -15.0% |
0.5 points worse |
2021 |
64,961 |
-12.5% to -5.0% |
-12.5% to -5.0% |
unchanged |
MAP comments that the overall profit on 2791’s 2020 account of £8.2 million includes a release from prior years of £22.8m. The combined ratio for the syndicate’s 2022 calendar year under UK Generally Accepted Accounting Practice (GAAP) is 95.0%.
A schedule of results and forecasts received to date is available here.