We have received the following updated forecasts from managing agents as at 30 September 2020.

Apollo Syndicate 1969

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

224,516

-8.0% to 2.0%

-8.0% to 2.0%

unchanged

2019

249,989

2.5% to 12.5%

2.5% to 12.5%

unchanged

 Apollo Syndicate 1971

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2019

130,000

0.0% to 10.0%

0.0% to 10.0%

unchanged

 Apollo Syndicate 6133

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

35,000

-27.5% to -22.5%

-27.5% to -22.5%

unchanged

2019

50,000

-10.0% to 0.0%

-10.0% to 0.0%

unchanged

 Brit Syndicate 2988

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

98,430

-25.1% to -19.2%

-27.0% to -20.6%

1.6 points better

2019

97,708

-20.5% to -10.4%

-23.9% to -9.9%

1.4 points better

 Chaucer Syndicate 1176

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

46,500

32.5% to 42.5%

30.0% to 40.0%

2.5 points better

2019

46,470

12.5% to 32.5%

10.0% to 30.0%

2.5 points better

 Meacock Syndicate 727

 

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

80,485

-3.0% to 7.0%

-3.0% to 7.0%

unchanged

2019

80,554

-9.0% to 11.0%

-9.0% to 11.0%

unchanged

 The attached table here summarises the forecasts that we have received to date.

All syndicate forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses, but before members’ agents’ fees and charges. They are calculated using the 30 September 2020 rate of exchange of US$1.29:£1