REG - Lloyds Of London - Lloyd’s 2025 Capacity Auction 2 Results

Lloyds BankingAnnouncement

30/10/2024 16:30

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RNS Number : 2841K  Lloyds Of London  30 October 2024

 

Lloyd's 2025 Capacity Auction 2 Results

 

Lloyd's, the world's specialist insurance market, today announces the result
of the second auction of syndicate capacity for the 2025 underwriting year.
A total of £45.41 million of market capacity involving 19 syndicates
underwriting this year was successfully auctioned at a total value of £16.65
million.

Subscription offers (offers to buy) totalled £241.56 million and tenders
(offers to sell) totalled £63.89 million during the auction held on 29 &
30 October.  A summary of results is detailed below.

 Syndicate     Premium (p)  Allocated (£)        Value (£)
 0033          79.965       1,699,032            1,358,631
 0218          4.499        1,298,166            58,403
 0318          28.932       347,016              100,399
 0386          74.819       409,398              306,309
 0510          50.147       8,025,291            4,024,465
 0609          46.226       3,934,283            1,818,653
 0623          25.780       7,406,296            1,909,343
 0727          90.000       407,432              366,689
 1176          271.055      277,239              751,470
 1969          1.658        1,005,000            16,666
 2010          30.001       10,718,003           3,215,473
 2121          18.650       509,762              95,068
 2525          126.896      191,585              243,114
 2689          10.264       1,479,835            151,893
 2791          83.887       1,424,043            1,194,590
 3123          29.368       2,459,950            722,438
 3939          5.890        21,102               1,243
 4444          15.796       326,520              51,576
 5886          7.600        3,470,448            263,754

 

This auction is the second of three auctions being held in October/November
2024.

-ENDS-

 

Notes to Editors:

Enquiries to:
Lloyd's Press Office
Tel: +44 (0) 20 7327 5111 Email: pressoffice@lloyds.com
(mailto:pressoffice@lloyds.com)

About Lloyd's :

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Through the collective intelligence and expertise of the market's underwriters
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And through our digital-led strategy, The Future at Lloyd's, we're making it
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