Meacock Syndicate 727 Updated Forecasts

Meacock Syndicate 727 Updated Forecasts

Meacock provided the following information:-

2023 Year of Account result forecast as at 27 months

S. A. Meacock and Company Limited has prepared a forecast of the result for the 2023 year of account of Syndicate 727 based on data as at 27 months.

The result, after the deduction of all standard personal expenses, but before Members’ Agency fees, is estimated to be a profit of between 3.0% and 18.0% of allocated capacity (previously between 0.0% and a 15.0% profit).

2024 Year of Account result forecast as at 15 months

S. A. Meacock and Company Limited has prepared a forecast of the result for the 2024 year of account of Syndicate 727 based on data as at 15 months.

The result, after the deduction of all standard personal expenses, but before Members’ Agency fees, is estimated to be between a 5.0% loss and a 15.0% profit of allocated capacity.

The forecasts have utilised an exchange rate of US $1.29:£1 and Can$1.86:£1.