Forecasts & Results
Asta Syndicate 2525 2022 & 2023 Year of Account Forecasts
Posted 14/05/2024 – Forecasts & Results
Asta has released an updated forecast for the 2022 year of account and an initial forecast for the 2023 year of account for syndicate 2525.
Syndicate 2525
The forecast for the 2022 year of account is now between +10.0% and +25.0% of capacity, midpoint +17.5%, up from the range +5.0% to +20.0%, midpoint +12.5%.
An initial 2023 forecast has been set with a range of between +5.0% and +20.0% of capacity, midpoint +12.5%.
Alpha comment
The 2022 year of account forecast has improved by 5 percentage points and this does not include any projected releases from the prior years’ reserves. Asta has reported that anticipated releases from the prior years are expected to contribute to an ultimate profit near the top of the improved range.
The initial forecast for the 2023 year is the same as the previous forecast for the 2022 year of account which suggests that the 2023 result should be another very strong profit.