Auction Newsletter No5 for 2020
Lloyd’s capacity auctions
29 October 2020 – auction newsletter No 5
Auction two results
A total of £69.13 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £11.54 million.
Subscription offers (offers to buy) totalled £641.47 million and tenders (offers to sell) totalled £100.77 million during the auction held on 28 - 29 October.
This auction is the second of three auctions being held in October/November.