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9 November 2026Insurance

Lloyd’s 2026 capacity auctions weaken: bid cover down to 3.0x

Lloyd’s 2026 capacity auctions saw just under £200 million in capacity change hands for £53.3 million in consideration with overall bidding down, but with strong trade for such major names as Hiscox 33 and Tokio Marine Kiln 510, offsetting the dwindling of trade for Beazley 623.

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