Insights

Complete 2018 & 2019 Year of Account Forecasts as at 30th June 2020

Posted 12.08.2020 – Insights

Please click here to see a complete schedule of 2018 and 2019 year of account forecasts as at 30th June 2020.

We will be writing to Members shortly with individual forecasts for each portfolio.

Alpha comment

The latest syndicate estimates as at 30th June 2020 include an update on the 2018 and 2019 years of account.
For the Lloyd’s market as a whole, the 2018 year of account has improved from a loss of -6.6% to a loss of -6.1% in the last quarter. Syndicates with third party capital are forecasting an average loss of -5.5% and aligned syndicates, being those with no third party capital, are forecasting a midpoint loss of -6.4%. The average Alpha forecast has improved from a loss of -3.3% to a loss of -2.7%.

The 2019 year of account forecast has deteriorated from a loss of -1.2% to a loss of -2.8% for the Lloyd’s market as a whole. Syndicates with third party capital are forecasting an average loss of -2.0% and aligned syndicates are forecasting a midpoint loss of -3.1%. The average Alpha forecast has deteriorated from a loss of -0.7% to a loss of -1.2%.

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