Mar 09, 2018
Argo Syndicates 6117 and 1910 results and updated forecasts
Having previously received Argo syndicates 6117 and 1910 results and estimates for the 2015 and 2016 accounts, we have been advised that these were net of members’ agents fees. Accordingly, the revised results and estimates are as follows:-
Syndicate 6117
Year | 2015 Result/2016 Forecast (% of capacity) | Previous forecast range as at Q3 2017 (% of capacity) | Change from previous midpoint (%) |
2015 | +13.76 | +11.39 to +21.39 | -2.63 |
2016 | +2.48 to +12.48 | -0.45 to +9.55 | +2.93 |
Syndicate 1910
Year | 2016 Forecast (% of capacity) | Previous forecast range as at Q3 2017 % | Change from previous midpoint (%) |
2016 | +6.91 to +16.91 | +1.52 to +11.52 | +5.39 |
The results and forecasts take into account all managing agency and Lloyd’s charges but are before members’ agency fees.