Chaucer Holdings' managing agency subsidiary, Chaucer Syndicates has revealed that its forecasts for the 2001 and 2002 years of account remain unchanged.
Chaucer Holdings' managing agency subsidiary, Chaucer Syndicates has re-affirmed its forecasts for the 2001 and 2002 years of account.
The announcement means it is set to record a healthy profit on each of its syndicates.
For the 2002 year of account, motor syndicate 587 is forecast to generate between +7.5% and +15% profit from £90m of capacity.
Marine syndicate 1084 is forecast to return a profit of between 5% and 12.5% on £82.2m of capacity. Non-marine syndicate 1096 is still forecast to generate a profit of between 10% and 17.5% on £148.4m capacity for the same year.
