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Syndicate 1176 updated forecasts

Chaucer Syndicates Limited has provided us with an update on the forecast for the open years of Syndicate 1176 (the nuclear syndicate) as follows:

Year of account

Capacity
£000s

Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

46,476

27.5% to 37.5%

15.0% to 35.0%

7.5 points better

2022

46,500

7.5% to 27.5%

5.0% to 25.0%

2.5 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.

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