February 22, 2023
MAP Syndicate 2791 and Syndicate 6103 results for 2020 Account and updated 2021 Account estimates
MAP released 2020 YOA results and 2021 YOA updated estimates for Syndicates 2791 and 6103, as follows;
| Result / Latest Forecast | Previous Forecast | Mid Point Movement | ||
| Syn 2791 | 2020 | +2.0% | -5.0% to +2.5% | +3.3% |
| 2021 | 0.0% to +5.0% | -2.5% to +5.0% | +1.3% |
Regarding Syndicate 2791, the Combined Ratio for the 2022 calendar year under UK Generally Accepted Accounting Practices (GAAP) is 95.0%
| Result / Latest Forecast | Previous Forecast | Mid Point Movement | ||
| Syn 6103 | 2020 | -18.0% | -20.0% to -15.0% | -0.5% |
| 2021 | -12.5% to -5.0% | -12.5% to -5.0% | unchanged |
Regarding Syndicate 6103, a forecast for the 2022 year of account will be issued after assessment of the position as at 31st March 2023.