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Feb 21, 2018

Canopius 958 2015 account result

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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

2015 result

Previous forecast as at September 2017

Change on midpoint

2015

-5.3%

-13.7% to -8.7%

+5.9% points

Results and forecasts are after the deduction of all personal expenses but before members’ agency fees.