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by : Alpha Insurance Analysts

Managing Agency Partners, the managing agent that runs syndicates 2791 and 6103, has issued the following forecasts today.

Syndicate 2791

The forecast result for the 2006 year of account, after the deduction of all standard personal expenses but before members’ agency fees, has increased from a profit of between 31% to 36% of allocated capacity to 32.5% and 37.5%.

The forecast result for the 2007 year of account, after the deduction of all standard personal expenses but before members’ agency fees, is unchanged at a profit of between 16% and 21% of allocated capacity.

Syndicate 6103

The forecast result of the 2007 year of account, after deduction of all personal expenses but before members’ agency fees, has increased from a profit of between 30% and 35% of allocated capacity to 32.5% and 37.5%. These projected results incorporate the effects of the unusual volatility in the financial markets, with reduced investment income more than offset by the positive impact of the strengthening of the US Dollar compared to Sterling.