Auction Newsletter No5 for 2019
Lloyd’s capacity auctions
31 October 2019 – auction newsletter No 5
Auction two results
A total of £29.99 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £7.42 million.
Subscription offers (offers to buy) totalled £543.24 million and tenders (offers to sell) totalled £93.21 million during the auction held on 30 - 31 October.
This auction is the second of three auctions being held in October/November.