May 14, 2018
MAP syndicate 2791 and 6103 updated forecasts
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.