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Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Managing Agency Partners Limited is the first agent to provide updated forecasts for the open years of its managed syndicates as at 30 June 2024. As is now customary, the first forecasts we receive are encouraging, with the 2023 year of both Syndicate 2791 and SPA 6103 improving on the already impressive forecasts in the second quarter of this year.
Most managing agents provide updates directly to us, although Lloyd’s will release a full set of forecasts for syndicates supported by third party capital on August 20th.
Syndicate 2791
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2022 |
400,265 |
8.0% to 13.0% |
8.0% to 13.0% |
unchanged |
2023 |
473,906 |
22.5% to 30.0% |
20.0% to 27.5% |
2.5 points better |
SPA 6103
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2022 |
65,785 |
-7.0% to -2.0% |
-7.0% to -2.0% |
unchanged |
2023 |
70,920 |
40.0% to 50.0% |
37.5% to 47.5% |
2.5 points better |