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QBE results and forecasts

QBE Underwriting Limited has provided the results for the 2022 year of account and updated forecasts for the 2023 year of account for syndicate 386 as at 31st December 2024.

Year of account

Capacity
£000s

Final Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2022

366,153

24.7%

17.7% to 22.7%

4.6 points better

2023

374,336

12.2% to 17.3%

11.7% to 16.7%

0.6 points better

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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