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Beazley Syndicate results and updated forecasts as at 31 December 2023

Beazley Furlonge Limited has shared results and forecasts for the three syndicates it manages on behalf of third party capital. These are as follows:

Syndicate 623

Year of account

Capacity
£000s

Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

514,759

16.9%

10.0% to 20.0%

1.9 points better

2022

587,159

2.5% to 22.5%

2.5% to 22.5%

unchanged

 

Syndicate 5623

Year of account

Capacity
£000s

Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

144,180

14.0%

0.0% to 10.0%

9 points better

2022

204,408

2.0% to 12.0%

-1.0% to 9.0%

3 points better

 

Syndicate 6107

Year of account

Capacity
£000s

Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2021

70,489

31.0%

10.0% to 30.0%

11 points better

2022

67,424

10.0% to 30.0%

10.0% to 30.0%

unchanged

 

Syndicate results and forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before members' agents' charges.

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