Lloyd’s capacity auctions

Auction Newsletter No 5

Auction two results

A total of £8.31 million of market capacity involving 21 syndicates underwriting this year was successfully auctioned at a total value of £2.91 million.

Subscription offers (offers to buy) totalled £333.46 million and tenders (offers to sell) totalled £22.24 million during the auction held on 7 - 8 October.

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