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Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, England.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.
The Lloyd's building (sometimes known as the Inside-Out Building) [3] is the home of the insurance institution Lloyd's of London. It is located on the former site of East India House in Lime Street , in London's main financial district, the City of London .
Lloyd's coffee house was a popular establishment for English citizens that engaged in the Atlantic Slave Trade. The London Gazette hosted many advertisements about runaway slaves listing Lloyd's coffee house as the location to return them. [7] Lloyd's became the "global centre" for insuring slaves and the ships that carried them. [8]
Lloyd’s of London plans to ban “conducting Lloyd’s business when under the influence of alcohol where it leads to unprofessional behaviour.”
Lloyd's of London is launching a matching site to make it easier for its brokers and insurers to find one another, as Britain's commercial insurance market seeks to embrace technology and cut costs.
It is perhaps best known as the current home of the world's largest insurance market, Lloyd's of London, since its newest building was opened on the street in 1986. Opposite Lloyd's, the Willis Building is the global headquarters of insurance broker Willis.
Lloyd's revealed it swung out of the red last year, posting a £2.3bn pre-tax profit up from a £900m loss in 2020. Lloyd's of London warns Ukraine crisis will be 'major claim' Skip to main content
The London/UK hub is composed of Catlin's original operation and includes London wholesale insurance and reinsurance business underwritten by the Catlin Syndicate at Lloyd's (Syndicate 2003), the largest syndicate at Lloyd's of London in terms of premium volume, and Catlin UK (Catlin Insurance Company (UK) Ltd.), which writes UK regional ...