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Auction Newsletter No7 for 2017

Wed 15 Nov 2017

Lloyd’s capacity auctions 

15 November 2017 – auction newsletter No 7

Auction three results 

A total of £47.14 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £4.72 million. 

Subscription offers (offers to buy) totalled £526.56 million and tenders (offers to sell) totalled £78.25 million during the auction held on 14 – 15 November. 

This auction is the third and final auction being held in 2017.