Forecasts & Results
Atrium has released an updated forecast for the open 2021, 2023 and 2024 years of account for syndicate 609
Posted 12/05/2025 – Forecasts & Results
Atrium has announced an updated forecast for the open 2021, 2022 and 2023 years of account for its syndicate 609 as at 30th September 2024.
Syndicate 609
The 2021 forecast range has remained in the range of between +0.0% and +10.0% of capacity (midpoint +5.0% profit).
The 2023 forecast has improved to a profit between +12.5% and +17.5% of capacity, midpoint +15.0%. The previous forecast range was between +7.5% and +15.5%, midpoint +12.5%.
An initial 2024 forecast range of between +5.0% and +15.0% of capacity has been set, midpoint +10% of capacity.
Alpha comment
Whilst the forecast for the 2021 open year of account remains with a positive range, the declared result at 48 months was a loss of -3.6% which is currently expected to improve to a small profit after extra investment income is earned on the held reserves.
We welcome the improvement for the 2023 year and the initial forecast for the 2024 which suggest that the syndicate is returning to its more usual profitable levels.
