Lloyd's

American  

[loidz] / lɔɪdz /

noun

1. 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.

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Lloyd's British  

/ lɔɪdz /

noun

1. 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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Etymology

Origin of Lloyd's

Named after Edward Lloyd, 17th-century owner of a London coffeehouse that was frequented by insurers against sea risk

Example Sentences

Several vessels have fled the region after the U.S. in early January captured Nicolás Maduro, then Venezuela’s president, according to shipping-data firm Lloyd’s List Intelligence.

From The Wall Street Journal

The Aquila II loaded nearly 1 million barrels of merey crude at Venezuela’s Jose terminal on Dec. 6, according to Lloyd’s.

From The Wall Street Journal

“Given this price…we are surprised that no alternative options have emerged for this rare and high quality Lloyd’s franchise,” they write.

From The Wall Street Journal

And my arms and legs were still aching from the heavy sugarloaf I carried all the way from Mr. Lloyd’s general store.

From Literature

A shadow fleet of vessels that transports this sanctioned oil has ballooned to a fifth of global deadweight tonnage, data from maritime journal Lloyd’s List shows.

From The Wall Street Journal