QBE Syndicate 386 reports 7.9-point adverse movement for 2020 YoA
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QBE Syndicate 386 reports 7.9-point adverse movement for 2020 YoA

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QBE has reported a 7.9-point deterioration on its capacity return estimates for the 2020 year of account of Syndicate 386.

The previous forecast range for return on capacity for 2020 was between 8.1% and 13.1%, based on a capacity of £317mn ($381mn), but this has been revised to a much lower projected gain of 0.2%

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