Feb 12, 2018
MAP Syndicates 2791 and 6103 2015 account results and updated 2016 forecasts
Managing Agency Partners (“MAP”) has announced the 2015 year of account results and the latest forecasts for its syndicates 2791 and 6103, as follows:-
Syndicate | Year of Account | 2015 Result / revised 2016 forecast | Previous forecast at September 2017 | Change on midpoint |
2791 | 2015 | +11.8% | +6% to +11% | +3.3% points |
2791 | 2016 | 0% to +5% | Unchanged |
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Syndicate | Year of Account | Result / revised forecast | Previous forecast at September 2017 | Change on midpoint |
6103 | 2015 | +30.7% | +25% to +35% | +0.7% points |
6103 | 2016 | +12.5% to +22.5% | Unchanged |
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The result for the 2015 account of Syndicate 2791 includes a release from reserves for the 2014 and earlier years of account of £12.1m.
Rates of exchange: US$1.35:£1
After the deduction of all personal expenses but before members’ agency fees