Lloyd’s Capacity Auctions

Auction Newsletter No 6

Notification to the auction office

The following disclosure notice has been posted on the lloyds.com website since Auction Newsletter No.4 was published on 5 October 2015:

D2015017

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

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

Auction 3 – reminder of dates/times

Auction 3 will be held on Wednesday 14 and Thursday 15 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 3 for Issuers to prepare and stage their bids from 10am on Tuesday 13 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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