April 20, 2021
QBE Syndicate 386 result and updated 2019 Account forecast
2018 Account Result(s)
| Syndicate(s) | Result(s) % | Previous end-September % forecasts advised to Members |
| 386 | -1.0 | -0.1 to -5.1 |
2019 Account Forecast(s)
| Syndicate(s) | Updated Forecast(s) % | Previous end-September % forecasts advised to Members |
| 386 | +13.9 to +8.9 | +9.1 to +4.1 |
QBE's letter mentions "The 2019 pure year mid-range profit forecast of +11.4% is an improvement on previous +6.6%, reflecting the improved rating environment, coupled with remedial action benefits being realised in the Professional Indemnity portfolio."