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Auction Newsletter No8 for 2021

Lloyd’s capacity auctions - 4 November 2021

Auction three results

A total of £43.29 million of market capacity involving 18 syndicates underwriting this year was successfully auctioned at a total value of £10.23 million.

Subscription offers (offers to buy) totalled £813.05 million and tenders (offers to sell) totalled £52.17 million during the auction held on 3 – 4 November.

This auction is the third and final auction being held in 2021.