Lloyd’s capacity auctions

Auction Newsletter No 6

 

Notification to the auction office

The following disclosure notices have been posted on the lloyds.com website since Auction Newsletter No4 was published on 4 October 2013:

D2013018 - D2013020

These notices are available on the disclosure section of the capacity website.

 

Auction 3 – reminder of dates/times

Auction 3 will be held on Tuesday 15 and Wednesday 16 October 2013.

The Auction system will be open for bid submission at the following times:

Tuesday (Day 1) from 09.00 until 13.00

Wednesday (Day 2) from 10.00 until 14.00

 

Bid Staging & Submission

The auction office will be opening Auction 3 for Issuers to prepare and stage their bids from 10.00 on Monday 14 October ahead of the live auction being opened at 09.00 on Tuesday.

 

If you have any problems accessing the system, please contact the auction office as follows:

Auction Office contact details:

Lloyds-auctionoffice@lloyds.com

Sally Dunning 01634 392486 or Graham Bonner 01634 392056

  

Pre-emption, de-emption, mergers and cessations

To review the current syndicate pre-emption & de-emption intentions for the 2014 year of account please click here.

The details given are of proposed pre-emptions and de-emptions, all of which are subject to approval by Lloyd’s Performance Management Directorate which is expected by 18 October 2013.

Please note: this is for information only. The necessary percentages/data on confirmed changes will be forwarded electronically by Lloyd’s Market Services to the relevant Members’ Agents to update their systems accordingly.

 

End