Lloyd's

Definitions

Banking

  • noun
    (written as Lloyd’s)
    the central London insurance market

Commerce

  • noun the central London insurance market

Economics

  • noun the London international insurance market. Lloyd’s is an old-established insurance market. The underwriters who form Lloyd’s are divided into syndicates, each made up of active underwriters who arrange the business and non-working underwriters (called names) who stand surety for any insurance claims which may arise.
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