Forecasts & Results
Atrium Syndicate 609 2021 & 2022 Year of Account Forecasts
Posted 03/08/2023 – Quick takes
Atrium has released an updated forecast for the 2021 & 2022 year of account for syndicate 609.
The 2021 forecast has remained in the range of between +5.0% and +15% of capacity, midpoint +10.0%.
The 2022 forecast has remained in the range of between +5.0% and +15% of capacity, midpoint +10.0%.
The forecast for both years remains in the top quartile. Atrium advised that the potential for variation to the booked reserves for the trapped aircraft in Russia due to the war in Ukraine means that there is considerably greater than the normal level of reserve sensitivity to downside risk and the actual outcome of the loss could be in a particularly wide range with greater than usual variability. The means that the ultimate outcome of the 2021 year of account has more uncertainty than normal and could lead to the year of account being left open after 36 months.