About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
A mini-auction has been confirmed for the sale of capacity following the death of an unlimited member from Alpha members’ agency during the auctions.
The auction will take place between 9am on Tuesday 3rd December and 5pm on Wednesday 4th December, with bids recorded at the time of receipt.
If you would like to participate in this auction, please speak to your usual contact at Argenta who will submit any bids. Please note, any bids are for individual syndicates and not for the entire portfolio. Also, there is no requirement to bid for the entire capacity released on any one syndicate.
The following capacity is available:
2024 Auction prices (p/£1) |
|||||
Syndicate |
Capacity £ |
Auction One |
Auction Two |
Auction Three |
Weighted Average |
33 |
803,072 |
84.64 |
79.97 |
71.83 |
80.23 |
386 |
320,000 |
83.95 |
74.82 |
68.65 |
77.66 |
510 |
926,043 |
50.88 |
50.15 |
50.03 |
50.61 |
609 |
1,351,550 |
60.73 |
46.23 |
42.65 |
53.25 |
623 |
183,787 |
51.48 |
25.78 |
28.48 |
34.28 |
2010 |
250,000 |
28.01 |
30.00 |
30.03 |
29.12 |
2791 |
652,502 |
82.56 |
83.89 |
81.31 |
82.66 |
3939 |
49,923 |
1.92 |
5.89 |
0.00 |
2.34 |
5886 |
308,829 |
12.26 |
7.60 |
5.63 |
10.32 |
4,845,706 |
|||||
We have included average strike prices for each of the syndicates from this year’s auctions, including the all-auction weighted average, to assist with pricing.
We will notify bidders of the result of the auction on Thursday 5th December and settlement will be due by Wednesday 11th December.