Forecasts & Results

Dale syndicate 1729 2022 year of account result & updated 2023 forecast

Posted 03/03/2025 – Forecasts & Results

Dale has announced its result for the 2022 year of account and an updated forecast for the 2023 year of account for syndicate 1729.

Syndicate 1729

The 2022 year has closed with a loss of -13.95%. This compares with the previous forecast loss in the range of -6.0% to +1.5%, midpoint -2.3%.

The 2023 forecast remains unchanged in the range of +9.5% to +24.5%, midpoint +17.0%.

Alpha comment

The reported loss on the 2022 year of account is very disappointing. The result includes a large shortfall on the prior years from the long tail casualty book.

The forecast for the 2023 year remains very positive and would be the best profit achieved for the syndicate since inception, if achieved.

 

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