Bermuda-based Catlin Group has issued its forecasts for the 2002 and 2003 years of account for syndicate 2003.
The current forecast for 2002 is 10.0% to 15.0%, and the forecast for 2003 is 13.5% to 18.5%.
Catlin said the forecast for the 2003 year of account is the first forecast issue and should be treated as preliminary as a considerable amount of business written in that year remains on risk.
