May 12, 2020
Some updated syndicate 2018 Account estimates and 2019 Account estimates
We have received some more estimates from a few managing agents in the past few days. We expect to receive the complete set on the 27th May.
Potential Covid claims have been included in the 2018 and 2019 Account estimates provided so far.
2020 estimates will not be published for 12 months but as most claims from Covid are expected to fall into 2019, where guidance has been given syndicates still expect, at this very early stage, that the 2020 year will be profitable.
2018 Year of Account
| Managing Agency | Syndicate | Latest mid-point forecast | Previous mid-point forecast |
| Asta/Dale | 1729 | -9.50% | -8.40% |
| Argo | 1200 | -9.90% | -6.50% |
| Ariel | 6117 | -9.20% | -9.50% |
| Apollo | 1969 | -3.00% | -3.00% |
| Apollo | 6133 | -25.00% | -22.50% |
2019 Year of Account
| Managing Agency | Syndicate | Latest mid-point forecast | Previous mid-point forecast |
| Asta/Dale | 1729 | -1.00% | n/a |
| Argo | 1200 | -2.30% | n/a |
| Ariel | 6117 | -9.40% | n/a |
| Apollo | 1969 | 7.50% | n/a |
| Apollo | 1971 | 5.00% | n/a |
| Apollo | 6133 | -5.00% | n/a |