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Feb 17, 2022

Blenheim Syndicate 5886 announces 2019 result and latest 2020 forecast

Image for Blenheim Syndicate 5886 announces 2019 result and latest 2020 forecast
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Result / Latest Forecast Previous Forecast Mid Point Movement
Syn 5886 2019 -3.9% -6.0% to +1.0% -1.4%
2020 0.0% to +7.5% 0.0% to +10.0% -1.25%


On 6th August 2021, Blenheim Underwriting Limited assumed the management of Blenheim Syndicate 5886, following receipt of approval from PRA, FCA and Lloyd’s to become a Managing Agent.

2019 will close with an overall loss of £8.6m. This result was significantly impacted by Covid particularly with respect to the Contingency Account.

For the 2020 account the Syndicate Capacity was increased to £250 million and was hit by a frequency of man-made and catastrophe losses to overlay on the general uncertainties of Covid.


Please click here to view the full press release from Blenheim.