Forecasts & Results

Blenheim syndicate 5886 2022 year of account result and updated 2023 forecast

Posted 05/03/2025 – Forecasts & Results

Blenheim has announced its result for the 2022 year of account and an updated forecast for the 2023 year of account for syndicate 5886

Syndicate 5886

The 2022 year has closed with a profit of +8.0%. This compares with the previous forecast profit in the range of +5.0% to +10.0%, midpoint +7.5%.

The 2023 forecast is unchanged in the range of +17.5% to +25.0%, midpoint +21.3%.

Alpha comment

The 2022 year of account is the first profit for Blenheim since its inception in 2017. The syndicate reported increased prior year shortfalls in the final quarter which were offset by improved investment returns.

The 2023 year of account forecast is particularly encouraging at this stage. This would be a good result for the syndicate, if achieved.

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