Auction Newsletter No5 for 2020

Lloyd’s capacity auctions

29 October 2020 – auction newsletter No 5

Auction two results

A total of £69.13 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £11.54 million.

Subscription offers (offers to buy) totalled £641.47 million and tenders (offers to sell) totalled £100.77 million during the auction held on 28 - 29 October.

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