Forecasts & Results
Atrium syndicate 609: 2019 Result and Updated 2020 Forecast
Posted 14/02/2022 – Quick takes
Atrium has released the following result for the 2019 year of account and updated forecast for the 2020 year of account for syndicate 609.
The 2019 result of +6.2% of capacity is an improvement on the +5.0% midpoint of the previous forecast range, which was set between +2.5% and +7.5% of capacity.
The 2020 forecast range has improved, to a range of between +7.5% and +15.0% of capacity (midpoint +11.25%). The previous forecast range was between +5.0% and +15% (midpoint +10%) of capacity.
Atrium continue to deliver some of the best results in Lloyd’s, with a good profit achieved in 2019 in spite of COVID-19 losses. The 2020 year of account is forecast to produce a market leading result, a reflection of the high quality of the syndicate’s portfolio and underwriters as well as the syndicate’s low US catastrophe exposure in relation to its peers.