Insights

Apollo Syndicate 1969 2017 Result & 2018 Year of Account Forecast (including SPA 6133)

Posted 17.02.2020 – Insights

Apollo has announced its result for the 2017 year of account for its syndicate 1969 and an updated forecast for the 2018 year of account. Apollo has also announced an updated forecast for the 2018 year of account for its SPA 6133.

Syndicate 1969
The 2017 result of -26.4% of capacity is slightly above the midpoint of the previous forecast loss range, which was set between -30.0% and -25.0% of capacity.
The 2018 forecast loss remains unchanged, with a range of between -8.0% and 2.0% of capacity.

SPA 6133
The SPA incepted for the 2018 account and therefore a forecast for 2017 is not applicable.
The 2018 forecast remains unchanged, with a range of between -27.5% and -17.5% of capacity.

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