QBE syndicate 386 updated forecasts

QBE has updated its forecasts for the 2018 and 2019 years of account for Syndicate 386 as follows:

2018 Year of Account

2019 Year of Account

QBE commented:

"The 2018 and prior years have witnessed a movement in the mid-range profit forecast from -1.9% of capacity to -3.4%, due principally to prior year development."