Forecasts & Results

Meacock Syndicate 727 2020 Year of Account Result & Updated 2021 Forecast

Posted 14/02/2023 – Quick takes

S.A. Meacock has announced its result for the 2020 Year of Account for its syndicate 727 and has also released an update for the 2021 year of account

Syndicate 727

The 2020 profit of +5.4% of capacity is above the midpoint of the previous forecast range, which was set between -3.0% and +7.0% of capacity.

The 2021 forecast remains unchanged, with a range between -8.0% and +12.0% of capacity.

Alpha comment

The final result for the 2020 year has improved towards the higher range of the estimate. The unchanged forecast for the 2021 year is in line with Meacock’s standard cautious approach to reserving. We would expect to see the result improve prior to closure in 12 months’ time.

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