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Auction Newsletter No 5 for 2017

Wed 08 Nov 2017

Lloyd’s capacity auctions 

08 November 2017 – auction newsletter No 5

Auction two results 

A total of £58 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £12.19 million. 

Subscription offers (offers to buy) totalled £542.08 million and tenders (offers to sell) totalled £106.94 million during the auction held on 7 – 8 November. 

This auction is the second of three auctions being held in November.