Lloyd’s capacity auctions
01 November 2018 – auction newsletter No 5
Auction two results
A total of £19.22 million of market capacity involving 20 syndicates underwriting this year was successfully auctioned at a total value of £4.61 million.
Subscription offers (offers to buy) totalled £467.99 million and tenders (offers to sell) totalled £47.44 million during the auction held on 31 October - 1 November.
This auction is the second of three auctions being held in October/November.