Forecasts & Results

Chaucer Syndicate 1176 2020 & 2021 Year of Account Forecasts

Posted 10.05.2022 – Quick takes

Chaucer has released an updated forecast for the 2020 year of account and an initial forecast for the 2021 year of account for syndicate 1176.

Syndicate 1176

The 2020 forecast has remained in the range of between +15% and +35% of capacity, midpoint +25%.

An initial 2021 forecast has been set with a range of between +10% and +30% of capacity, midpoint +20%.

Alpha comment

The 2020 year of account forecast remains strong, following a very similar pattern to the 2018 and 2019 years of account. Both 2018 and 2019 closed with market-leading profits in excess of 35% of capacity, which should ultimately be the case for 2020. The initial forecast for the 2021 year of account is at the level we would expect at this early stage and is also likely to improve over time.

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