About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Managing Agency Partners Limited has provided us with the results and updated forecasts for Syndicate 2791 and SPA 6103. These are as follows;
Syndicate 2791
Year of account | Capacity | Result / Updated Forecast | Previous Forecast | Change at |
2020 | 399,855 | 2.0% | -5.0% to 2.5% | 3.3 points better |
2021 | 400,386 | 0.0% to 5.0% | -2.5% to 5.0% | 1.3 points better |
SPA 6103
Year of account | Capacity | Result / Updated Forecast | Previous Forecast | Change at |
2020 | 49,863 | -18.0% | -20.0% to -15.0% | 0.5 points worse |
2021 | 64,961 | -12.5% to -5.0% | -12.5% to -5.0% | unchanged |
MAP comments that the overall profit on 2791’s 2020 account of £8.2 million includes a release from prior years of £22.8m. The combined ratio for the syndicate’s 2022 calendar year under UK Generally Accepted Accounting Practice (GAAP) is 95.0%.
A schedule of results and forecasts received to date is available here.