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Beaufort has announced its result for the 2016 year of account for its syndicate 318 and has also released an updated forecast for the 2017 year of account.

 

 

Syndicate 318

The 2016 result of -10.4% of capacity is at the better end of the previous forecast loss range, which was set between -14.3% and -9.3% of capacity.

The 2017 forecast loss has deteriorated, from range of between -33.0% and -38.0% to between -36.6% and -41.6% of capacity.