November 17, 2021
Auction Three - strike prices
Lloyd's has published to the LSE the strike prices of the third and final auction.
"Lloyd's, the world's specialist insurance market, today announces the result of the third auction of syndicate capacity for the 2022 underwriting year. A total of £43.29 million of market capacity involving 18 syndicates underwriting this year was successfully auctioned at a total value of £10.23 million.
Subscription offers (offers to buy) totalled £813.05 million and tenders (offers to sell) totalled £52.17 million during the auction held on 3 & 4 November. A summary of results is detailed below.
| Syndicate | Premium (p) | Allocated (£) | Value (£) | |||
| 0033 | 65.183 | 2,839,339 | 1,850,780 | |||
| 0218 | 0.391 | 941,130 | 3,677 | |||
| 0318 | 12.100 | 105,725 | 12,793 | |||
| 0386 | 87.848 | 480,317 | 421,948 | |||
| 0510 | 26.479 | 7,093,461 | 1,878,294 | |||
| 0557 | 2.849 | 310,986 | 8,861 | |||
| 0609 | 88.402 | 2,350,798 | 2,078,144 | |||
| 0623 | 58.917 | 3,794,096 | 2,235,358 | |||
| 0727 | 88.894 | 178,513 | 158,688 | |||
| 1176 | 217.970 | 55,420 | 120,799 | |||
| 1969 | 24.050 | 177,718 | 42,742 | |||
| 2010 | 19.120 | 348,221 | 66,580 | |||
| 2121 | 0.191 | 12,035,791 | 23,002 | |||
| 2525 | 93.861 | 390,357 | 366,394 | |||
| 2689 | 0.100 | 10,269,121 | 10,269 | |||
| 2791 | 97.538 | 771,874 | 752,873 | |||
| 4444 | 15.000 | 769,088 | 115,363 | |||
| 5886 | 23.148 | 374,596 | 86,712 | |||