Lloyd’s capacity auctions
15 November 2017 – auction newsletter No 7
Auction three results
A total of £47.14 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £4.72 million.
Subscription offers (offers to buy) totalled £526.56 million and tenders (offers to sell) totalled £78.25 million during the auction held on 14 – 15 November.
This auction is the third and final auction being held in 2017.