Lloyd’s Capacity Auctions

Auction Newsletter no 4

Notification to the auction office

The following disclosure notices have been posted on the lloyds.com website since Auction Newsletter no two was published on 28 September 2015:

D2015015 to D2015016

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

http://www.lloyds.com/the-market/business-timetable/capacity-auctions/disclosures

Auction 2 – reminder of dates/times

Auction 2 will be held on Wednesday 7 and Thursday 8 October 2015.

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

Wednesday (Day 1) from 9am until 1pm

Thursday (Day 2) from 10am until 2pm

Bid Staging & Submission

The auction office will be opening Auction 2 for Issuers to prepare and stage their bids from 10am on Tuesday 6 October ahead of the live auction being opened at 9am on Wednesday

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

Pre-emption, de-emption, mergers and cessations

To review the current syndicate pre-emption & de-emption intentions for the 2016 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 23 October 2015.

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.

Auction Office contact details:

Lloyds-auctionoffice@lloyds.com

Sally Dunning 01634 392486, Claire Sheahan 01634 392904 or Graham Bonner 01634 392056

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