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MAP Syndicates 2791 and 6103 2015 account results and updated 2016 forecasts

February 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:-

SyndicateYear of Account2015 Result / revised 2016 forecastPrevious forecast at September 2017Change on midpoint
27912015+11.8%+6% to +11%+3.3% points
279120160% to +5%Unchanged
SyndicateYear of AccountResult / revised forecastPrevious forecast at September 2017Change on midpoint
61032015+30.7%+25% to +35%+0.7% points
61032016+12.5% to +22.5%Unchanged

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

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