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.