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Auction Newsletter No5 for 2019

Thu 31 Oct 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.