Meacock Syndicate 727: 2019 & 2020 Year of Account Forecasts

S.A. Meacock has released an updated forecast for the 2019 year of account for its syndicate 727 and an initial forecast for the 2020 year of account.

Syndicate 727
The 2019 forecast range has narrowed to between -6.5% and +8.5% of capacity (midpoint 1% profit). The previous forecast range was between -9.0% and +11.0% of capacity (midpoint 1% profit).

The first 2020 forecast is a range of between -9.0% and +11.0% of capacity (midpoint 1% profit).

Alpha comment

The first forecast for 2020 is the same as the first forecast for the 2019 year, showing the syndicate’s consistency. Given the strength of 727’s reserves, we would expect both years of account to continue the syndicate’s extended run of profits.