About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Apollo Syndicate Management Limited has us provided with results and forecasts for managed syndicates as follows:
Syndicate 1969
Year of account |
Capacity |
Result / Updated Forecast range |
Previous Forecast |
Change at |
2021 |
295,000 |
4.0% |
0.0% to 5.0% |
1.5 points better |
2022 |
450,000 |
5.5% to 15.5% |
7.5% to 17.5% |
2 points worse |
During the 2023 calendar year the syndicate declared a profit of £57.9m at a combined ratio of 90.6%
Syndicate 1971
Year of account |
Capacity |
Result / Updated Forecast range |
Previous Forecast |
Change at |
2021 |
115,000 |
9.4% |
8.0% to 18.0% |
3.6 points worse |
2022 |
200,000 |
8.0% to 18.0% |
8.0% to 18.0% |
unchanged |
During the 2023 calendar year the syndicate declared a profit of £22.8m at a combined ratio of 87.3%
SPA 6133
Year of account |
Capacity |
Result |
Previous Forecast |
Change at |
2021 |
65,020 |
6.6% |
2.0% to 7.0% |
2.1 points better |
SPA 6133 ceased underwriting at the end of 2021 and the syndicate has been closed by reinsurance into Syndicate 1969’s 2022 year of account.
Syndicate results and forecasts are expressed a percentage of syndicate capacity and are after deduction of all standard personal expenses, but before members’ agents’ fees and charges.