Lloyd’s capacity auctions

Auction newsletter No 7

Auction three results

A total of £19.33 million of market capacity involving 22 syndicates underwriting this year was successfully auctioned at a total value of £4.86 million.

Subscription offers (offers to buy) totalled £121.41 million and tenders (offers to sell) totalled £31.63 million during the auction held on 14 - 15 October.

This auction is the last of three auctions being held in September and October.