Lloyd’s capacity auctions

Auction Newsletter No 7

Auction three results

A total of £10.86 million of market capacity involving 23 syndicates underwriting this year was successfully auctioned at a total value of £4.03 million.

Subscription offers (offers to buy) totalled £319.52 million and tenders (offers to sell) totalled £24.28 million during the auction held on 14 - 15 October.

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