£47.8m traded in auction two

The second of this year’s auctions concluded today. The Lloyd’s auction reports are available to access here: 

A total of £47.8m was traded across twenty syndicates. The average volume traded in auction two of the five years prior is £51.3m

Using Argenta’s index of all capacity, prices were broadly maintained from this year’s first auction (36.9p at auction 1 to 37.4p per £1 of capacity at auction 2).

The full schedule of results is available here. The final auction of the year will take place on 5th and 6th of November 2025.