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Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, United Kingdom. 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.
Jun 2, 2024 · Lloyd’s of London, often referred to today simply as Lloyd’s, is an insurance and reinsurance marketplace. Its members operate as syndicates to provide insurance coverage for businesses,...
- Julia Kagan
Reinsurance. Lloyd's is the world's leading insurance market providing specialist insurance services to businesses in over 200 countries and territories.
Check regulation deadlines and set alerts. Open. View all tools and resources for conducting business with Lloyd’s. Lloyd's is the world's leading insurance market providing specialist insurance services to businesses in over 200 countries and territories.
Read about the Lloyd’s market, history and building in the Pocket Guide: our market, our past, our home. Lloyd’s is the world’s specialist insurance and reinsurance market. With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it.
The main class of business at Lloyd’s – reinsurance – covers both short- and long-tail lines, offering a variety of placement types including facultative, proportional treaties and non-proportional excess-of-loss placements.
Reinsurance Update October 2019. Executive Summary. Lloyd’s Insurance Company (LIC) can transact and process all forms of non-life reinsurance through its permissions and authorisation by the National Bank of Belgium (NBB). Proportional Treaty can be processed through LIC if a number of requirements are met.