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May 12, 2020

Some updated syndicate 2018 Account estimates and 2019 Account estimates

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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2020 estimates will not be published for 12 months but as most claims from Covid are expected to fall into 2019, where guidance has been given syndicates still expect, at this very early stage,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