QBE Syndicate 386 forecast results update

Business Man 1031755 640
14 May, 2018

QBE Syndicate 386 forecast results update

QBE has announced today their forecast results for Syndicate 386.

2016 year of account forecast  

Syndicate        2016 year of account forecast range %Previous forecast range %
3861.4 to 6.44.0 to 9.0

2017 year of account forecast

Syndicate        2017 year of account forecast range %Previous forecast range %
386 3.8 to 8.8N/A

The 2016 and prior year forecast result has reduced from a mid-range profit of +6.5% of capacity to +3.9%, due to a reduced anticipated contribution from investments. 

The 2017 pure year is forecast to produce a mid-range profit of +6.3% of capacity.