Auction volumes fall 60%

Total capacity traded over the three Lloyd's capacity
auctions this year came to £42mn ($65mn), down more than 60
percent on volumes traded in 2014.
Prices for capacity in Names-backed Lloyd's syndicates rose
year-on-year, buoyed by demand doubling to more than £1bn and
a halving of supply.
In the third auction £10.9mn of capacity was
traded on 23 syndicates. This was slightly up from the record low
£8.3mn traded in the second auction this year.
The final auction saw capa