Auction Newsletter No4 for 2020
Lloyd’s Capacity Auctions - Auction Newsletter no 4
26 October 2020
Delay last week to Auction 1 Day 2
Apologies to those of you affected last week by the delay of Auction 1 Day 2. We encountered IT issues that have now been resolved and we appreciate your understanding and patience during the delay. The IT team have now fixed the issue and we do not anticipate any further issues arising during the remaining auctions.
Notification to the auction office
The following Disclosure notices have been posted on lloyds.com since Auction Newsletter No2 was published on 19 October 2020:
D2020011 – D2020012
All notices are available on the disclosure section of the capacity auctions website:
Auction 2 – reminder of dates/times
Auction 2 will be held on Wednesday 28 October and Thursday 29 October 2020.
The Auction system will be open for bid submission during the following times:
Wednesday (Day 1) from 9am until 2pm
Thursday (Day 2) from 9am until 2pm
Bid Staging & Submission
The auction office will be opening Auction 2 for Issuers to prepare and stage their bids from 10am on Tuesday 27 October ahead of the live auction being opened at 9am on Wednesday.
Link to the Auction system: https://auction.lloyds.com
If you have any problems accessing the system, please contact the auction office as below:
Pre-emptions / De-emptions
To review the agreed syndicate pre-emptions for the 2021 year of account please click here.
The details given are of confirmed pre-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 Member Services to the relevant Members’ Agents to update their systems accordingly.
Auction Office contact details:
Sally Dunning 01634 392486 or Claire Sheahan 01634 392904