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Lloyd's
[ loidz ]
noun
- an association of independent English insurance underwriters, founded in London about 1688, originally engaged in underwriting only marine risks but now also issuing policies on almost every type of insurance.
Lloyd's
/ lɔɪdz /
noun
- an association of London underwriters, set up in the late 17th century. Originally concerned exclusively with marine insurance and a shipping information service, it now subscribes a variety of insurance policies and publishes a daily list ( Lloyd's List ) of shipping data and news
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Word History and Origins
Origin of Lloyd's1
Named after Edward Lloyd, 17th-century owner of a London coffeehouse that was frequented by insurers against sea risk
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Word History and Origins
Origin of Lloyd's1
C17: named after Edward Lloyd (died ?1726) at whose coffee house in London the underwriters originally carried on their business
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