Feb 14, 2019
MAP latest results and forecasts for syndicates 2791 & 6103
Managing Agency Partners (“MAP”) has announced the 2016 year of account results and the latest forecasts for 2017 for its syndicates 2791 and 6103, as follows:-
2016 Year of Account
| Result at 31 December 2018 | Previous estimateas at 30 September 2018 |
2791 | 8.3% | 2.5% to 7.5% |
6103 | 20.9% | 12.5% to 22.5% |
2017 Year of Account
| Latest estimate as at 31 December 2018 | Previous estimateas at 30 September 2018 |
2791 | (7.5%) to 0% | (7.5%) to 0% |
6103 | (10%) to 0% | (10%) to 0% |
The result for the 2016 account of Syndicate 2791 includes a release from reserves from back years of £19.4m.
Rates of exchange: US$1.27:£1
Figures shown are after the deduction of all standard personal expenses but before members’ agency fees