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Feb 12, 2018

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

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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

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

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