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Lloyd’s capacity auctions

21 October 2021 – auction newsletter No 4

Auction four results

A total of £75.95 million of market capacity involving 18 syndicates underwriting this year was successfully auctioned at a total value of £24.53 million.

Subscription offers (offers to buy) totalled £906.81 million and tenders (offers to sell) totalled £83.67 million during the auction held on 20 & 21 October.

This auction is the first of three auctions being held in October/November 2021.