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May 14, 2018

MAP syndicate 2791 and 6103 updated forecasts

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MAP has announced the latest forecasts for the 2016 and 2017 years of account for its managed syndicates 2791 and 6103, as follows:

2016 year of account forecast:

Syndicate

2016 year of account forecast range %

Previous forecast range %

2791

0 to 5

0 to 5

6103

12.5 to 22.5

12.5 to 22.5

2017 year of account forecast:

Syndicate

2017 year of account forecast range %

Previous forecast range %

2791

-7.5 to 0

N/A

6103

-10 to 0

N/A

The 2017 Year of Account is at an early stage of development and there remain a number of material uncertainties that may affect the ultimate result. These forecasts have applied an exchange rate of US$1.40:£1.

The forecast results for the 2016 and 2017 Years of Account are after deduction of all standard personal expenses but before members’ agency fees.