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Beazley results and forecasts

Beazley has confirmed results for the 2022 year of account and released forecasts for the 2023 year for its three managed syndicates as follows:

Syndicate 623

Year of account

Capacity
£000s

Final Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2022

587,159

14.7%

7.5% to 17.5%

2.2 points better

2023

818,812

0.0% to 20.0%

0.0% to 20.0%

unchanged

Syndicate 5623

Year of account

Capacity
£000s

Final Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2022

204,408

14.7%

6.0% to 16.0%

3.7 points better

2023

339,850

10.0% to 20.0%

5.0% to 15.0%

5 points better

Syndicate 6107

Year of account

Capacity
£000s

Final Result / Updated Forecast

Previous Forecast
Range

Change at
Midpoint

2022

67,424

13.9%

0.0% to 20.0%

3.9 points better

2023

43,305

-5.0% to 25.0%

-5.0% to 25.0%

unchanged

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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