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Auction Newsletter No7 2018

Thu 08 Nov 2018

Lloyd’s capacity auctions 

8 November 2018 – auction newsletter No 7

Auction three results 

A total of £19.77 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £7.0 million. 

Subscription offers (offers to buy) totalled £458.19 million and tenders (offers to sell) totalled £44.49 million during the auction held on 7 – 8 November. 

This auction is the third and final auction being held in 2018