Lloyd's

American

[loidz] / lɔɪdz /

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 British

/ 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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The only other insurer willing to cover their home, Lloyd’s of London, quoted them $80,000 a year.

From The Wall Street Journal

In September, over 65% of the Russian oil shipped to India was moved by shadow fleet tankers, according to a report from Lloyd’s List.

From The Wall Street Journal

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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023