February 22, 2022
Syndicate 1991 - 2018 2019 2020 updated forecasts
Capacity £000s | Result / Latest Forecast | Previous Forecast | Mid Point Movement | ||
Syn 1991 | 2018 | 126,750 | -74.9% to -64.9% | -67.1% to -57.1% | -7.8% |
2019 | 126,750 | -30.6% to -20.6% | -28.4% to -18.4% | -2.2% | |
2020 | 110,000 | -32.2% to -22.2% | -29.9% to -19.9% | -2.3% |
The syndicate ceased trading at the end of 2020. The run-off plan is for all open years to close simultaneously at the natural (36 month) close of the 2020 year of account. The 2018 account was left open at the end of 2020, and remains open at 31 December 2021. The 2019 account will also remain open at the end of 2021.