MAP Syndicates 2791 and 6103 forecast results for 2022 and 2023
MAP has released updated 2022 Account forecasts and new forecasts for the 2023 Account for Syndicates 2791 and 6103, as follows:-
| Latest Forecast | Previous Forecast | Mid Point Movement | ||
| Syn 2791 | 2022 | +8.0% to +13.0% | +7.0% to +12.0% | +1.0% |
| 2023 | +20.0% to +27.5% | N/A | new | |
| Latest Forecast | Previous Forecast | Mid Point Movement | ||
| Syn 6103 | 2022 | -7.0% to -2.0% | -10.0% to -2.5% | +1.8% |
| 2023 | +37.5% to +47.5% | N/A | new |
2022 Year of Account forecast result at 27 months
The forecast results for the 2022 Year of Account after deduction of all standard personal expenses but before members’ agency fees are:
Syndicate 2791: A profit between 8.0% and 13.0% of allocated capacity (previously 7% to 12%).
Syndicate 6103: A loss of between -7.0% and -2.0% of allocated capacity (previously a loss of between -10.0% and -2.5%).
2023 Year of Account forecast result at 15 months
The forecast results for the 2023 Year of Account after deduction of all standard personal expenses but before members’ agency fees are:
Syndicate 2791: A profit between 20.0% and 27.5% of allocated capacity.
Syndicate 6103: A profit between 37.5% and 47.5% of allocated capacity.
The 2023 Year of Account is at an early stage of development and there remain uncertainties that may affect the ultimate result.