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Brit issues 2001 syndicate results and updated forecasts for 2002

Brit Insurance Holdings (Brit) has announced syndicate results for the 2001 year of account and updated forecasts for its managed Lloyd's syndicates for the 2002 year of account.

Dane Douetil, deputy chief executive officer, said: "The 2002 year shows further improvement on our main Syndicate 2987. All syndicates have been closed for the 2001 year. Non-marine Syndicate 250 has shown further deterioration, but Marine Syndicate 735, Aviation Syndicate 800 and MotorSyndicate 1202 have all closed at the higher end of the previous forecast range. The Motor result is outstanding. The 2002 and 2001 years for Brit's share show an overall improvement from the previously

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