Lloyd’s capacity auctions

 

8 November 2018 – auction newsletter No 7

 

Auction three results

 

A total of £19.77 million of market capacity involving 19 syndicates underwriting this year was successfully auctioned at a total value of £7.0 million.

 

Subscription offers (offers to buy) totalled £458.19 million and tenders (offers to sell) totalled £44.49 million during the auction held on 7 – 8 November.

 

This auction is the third and final auction being held in 2018.