Chaucer Syndicate 1176 2018 Year of Account Result & Updated 2019 Forecast

Posted 18/02/2021 – Quick takes

Chaucer has announced its result for the 2018 year of account for its syndicate 1176 and has also released an updated forecast for the 2019 year of account.

Syndicate 1176
The 2018 result of 44.2% of capacity is above the previous forecast range, which was set between 32.5% and 42.5% of capacity.
The 2019 forecast remains unchanged, with a range of between 12.5% and 32.5% of capacity.

Alpha comment

This syndicate has again produced a market-leading result for the 2018 year, including a large release from the prior years bolstering the improvement at close. The current forecast for 2019 is relatively low by the syndicate’s own high standards, but the forecast is likely to improve during 2020.

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