Lloyd’s capacity auctions

 

08 November 2017 – auction newsletter No 5

 

 

Auction two results

 

A total of £58 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £12.19 million.

 

Subscription offers (offers to buy) totalled £542.08 million and tenders (offers to sell) totalled £106.94 million during the auction held on 7 – 8 November.

 

This auction is the second of three auctions being held in November.