Forecasts & Results

Atrium Syndicate 609 2021 & 2022 Year of Account Forecasts

Posted 06/11/2023 – Forecasts & Results

Atrium has released an updated forecast for the 2021  & 2022 year of account for syndicate 609.

Syndicate 609

The 2021 forecast remains unchanged at a profit between +5.0% and +15% of capacity, midpoint +10.0%.

The 2022 forecast has improved to a profit between +7.5% and +17.5% of capacity, midpoint +12.5% previously +5.0% and +15.0% of capacity, midpoint +10.0%.

Alpha comment

The 2021 forecast remains unchanged with no further clarification as to whether there is sufficient certainty (or otherwise) to close the year of account at 36 months.

The improvement for 2022 is in line with expectation, since the syndicate has minimal exposure to Hurricane Ian, which was a significant loss for most other syndicates for 2022.

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