Auction Newsletter No4 for 2016
Lloyd’s Capacity Auctions
Auction Newsletter no 4
Notification to the auction office
The following disclosure notices have been posted on the lloyds.com website since Auction Newsletter no two was published on 28 October 2016:
D2016008 to D2016013
These notices are available on the disclosure section of the capacity website:
Syndicate 308 managed by Tokio Marine Kiln Syndicates Limited
Syndicate 308 will not participate in auction two on 8 and 9 November 2016. This is for the same reason as was published in Newsletter No.2 dated 28 October 2016 and Tokio Marine Kiln Syndicates Limited has issued an auction disclosure dated 4 November 2016 (Auction Disclosure No: D2016010) on this matter.
Auction 2 – reminder of dates/times
Auction 2 will be held on Tuesday 8 and Wednesday 9 November 2016.
The Auction system will be open for bid submission at the following times:
Tuesday (Day 1) from 9am until 1pm
Wednesday (Day 2) from 10am until 2pm
Bid Staging & Submission
The auction office will be opening Auction 2 for Issuers to prepare and stage their bids from 10am on Monday 7 November ahead of the live auction being opened at 9am on Tuesday.
If you have any problems accessing the system, please contact the auction office as below:
Pre-emption, de-emption, mergers and cessations
The details given are of confirmed pre-emptions and de-emptions agreed by Lloyd’s Performance Management Directorate.
Please note: this is for information only. The necessary data on confirmed changes has been forwarded electronically by Lloyd’s Market Services to the relevant Members’ Agents to update their systems accordingly.