Lloyd's of London
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Lloyd's of London, generally known simply as Lloyd's, is an insurance market located in the City of London, which exists inside London. 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 of 1871 and subsequent Acts of Parliament and 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, the latter being traditionally known as "Names".
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See also
- BS 1088 – Marine materials standard
- Jonathan's Coffee-House – original home of the London Stock Exchange
- Lloyd's List
- Lloyd's Register
- Lloyd's unlimited rating
- Shipping line
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Lloyd's of London" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
