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Syndicate Management
Investing at Lloyd's
tax-corporate-services
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Beazley has provided us with encouraging updated forecasts for its three syndicates trading with third party capital. These are as follows:
Syndicate 623
Year of account | Capacity | Updated Forecast | Previous Forecast | Change at |
2021 | 514,759 | 5.0% to 25.0% | -2.5% to 17.5% | 7.5 points better |
2022 | 587,159 | -5.0% to 15.0% | -5.0% to 15.0% | unchanged |
Syndicate 5623
Year of account | Capacity | Updated Forecast | Previous Forecast | Change at |
2021 | 144,180 | -3.0% to 7.0% | -3.0% to 7.0% | unchanged |
2022 | 204,408 | -3.0% to 7.0% | -3.0% to 7.0% | unchanged |
SPA 6107
Year of account | Capacity | Updated Forecast | Previous Forecast | Change at |
2021 | 70,489 | 10.0% to 30.0% | 7.5% to 27.5% | 2.5 points better |
2022 | 67,424 | 0.0% to 20.0% | -10.0% to 20.0% | 5 points better |
Forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before deduction of member’s agents’ fees.