Lloyd’s capacity auctions
Auction newsletter No 10
Auction four results
A total of £1.84 million of market capacity involving 15 syndicates underwriting this year was successfully auctioned at a total value of £266,000.
Subscription offers (offers to buy) totalled £11.81 million and tenders (offers to sell) totalled £8.15 million during the auction held on 11 - 12 November.
This auction is the fourth and final auction being held in 2014.