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.