Auction Newsletter No7 for 2019
Thu 07 Nov 2019
Lloyd’s capacity auctions
7 November 2019 – auction newsletter No 7
Auction three results
A total of £29.6 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £5.2 million.
Subscription offers (offers to buy) totalled £520.44 million and tenders (offers to sell) totalled £80.36 million during the auction held on 6 – 7 November.
This auction is the third and final auction being held in 2019.