Forecasts & Results
MAP 2791 & 6103 Updated 2024 & 2025 Year of Account Forecasts
Posted 28/07/2026 – Forecasts & Results
MAP has released updated forecasts for the 2024 & 2025 years of account for its syndicate 2791 & SPA 6103 as at 30th June 2026.
Syndicate 2791
The forecast for the 2024 year has improved to a profit between +15.0% and +20.0% of capacity, midpoint +17.5% (previously +13.0% and +18.0%, midpoint +15.5%).
The forecast for the 2025 year has improved to a profit between +17.5% and +25.0% of capacity, midpoint +21.3% (previously +15.0% and +22.5%, midpoint +18.8%).
Syndicate 6103
The forecast for the 2024 year has improved to a profit between +22.0% and +27.0% of capacity, midpoint +24.5% (previously +20.0% and +25.0%, midpoint +22.5%).
The forecast for the 2025 year has improved to a profit between +32.5% and +42.5% of capacity, midpoint +37.5% (previously +30.0% and +40.0%, midpoint +35.0%).
Alpha Comment
It is really positive to see improvements across all of MAP’s forecasts. As a reminder, the 2024 year of account contains the majority of the losses from Hurricanes Milton and Helene and LA Wildfires. Therefore, it is very encouraging to see 2791 and 6103 both have very strong profits for 2024. At this stage, the profits for the 2025 year of account for both 2791 and 6103 are exceptional, with the year benefiting from a relatively benign major loss year. We would expect MAP’s forecasts to continue improving over time before closure.