Lloyd’s managing agent Jubilee...
... has reported a profit of 10.4% for syndicate 779 in year of account (YoA) 2006, on a capacity of £38m ($52.3m), up from the previous estimate of 4.35% to 9.35%. For 2007, which had the same capacity, the profit range has been reduced a quarter of a point to between 0.25% and 5.25%. The initial estimate for YoA 2008 (capacity £30m) is a range of between 1.3% and 6.3%.
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