Difference between revisions of "Lloyds of London"
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| + | '''Lloyd's of London''', generally known simply as Lloyd's, is an insurance and reinsurance market located in [[London]]. The market has its roots in marine insurance and was founded by ''Edward Lloyd'' at his coffee house on Tower Street in c. 1686. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body governed by the ''Lloyd's Act 1871'' and subsequent Acts of [[UK_Parliament|Parliament]]. It operates as a partially-mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk. These underwriters, or "members", are a collection of both [[corporations]] and private individuals. | ||
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==References== | ==References== | ||
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Latest revision as of 00:04, 10 September 2020
 Lloyds of London     | |
|---|---|
| Founder | Edward Lloyd |
| Headquarters | Lloyd's building, Lime Street London, United Kingdom |
Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee house on Tower Street in c. 1686. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body governed by the Lloyd's Act 1871 and subsequent Acts of Parliament. It operates as a partially-mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk. These underwriters, or "members", are a collection of both corporations and private individuals.
A Document by Lloyds of London
| Title | Document type | Publication date | Subject(s) | Description |
|---|---|---|---|---|
| File:Security Terrorism and the UK.pdf | briefing paper | 1 July 2005 | "Terrorism" "National security" | A quintessentially UK Establishment view on Security and Terrorism in the UK. |
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