Canopius has now confirmed that Syndicate 958 has been able to close the 2015 account in spite of the uncertainty over the Ogden rate. Whilst the final result is still a loss, it is better than the best case position we were previously advised of.
Year of Account
Previous forecast as at September 2017
Change on midpoint
-13.7% to -8.7%
Results and forecasts are after the deduction of all personal expenses but before members’ agency fees.