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Newly2b

03/07/09 7:58 PM

#53797 RE: challo #53796

No, I mean the worldwide insurer, Lloyd's of London, not to be confused with Lloyd's bank. Two entirely different entities.

Per Wikipedia:

Lloyd's, also known as Lloyd's of London, is a British insurance market. It serves as a meeting place where multiple financial backers or “members”, whether individuals (traditionally known as “Names”) or corporations, come together to pool and spread risk. Unlike most of its competitors in the reinsurance market, it is not a company. The Society of Lloyd's was incorporated by Lloyd's Act 1871.

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