Lloyd's capacity auctions

13 November 2009 - auction newsletter number thirteen


Auction four results

A total of £12.64 million of market capacity involving 18 syndicates underwriting this year was successfully auctioned at a total value of £4.57 million.

Subscription offers (offers to buy) totalled £85.84 million and tenders (offers to sell) totalled £14.45 million during the auction held 12-13 November.

This auction is the fourth and final auction being held in 2009.

Last updated on 13 Nov 2009