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<p><b>Lloyd's of London</b>, generally known simply as <b>Lloyd's</b>, is an insurance and reinsurance market located in <a href="page.php?w=London">London</a>, England. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body governed by the Lloyd's Act 1871 and subsequent <a href="page.php?w=Acts_of_Parliament_in_the_United_Kingdom">acts of Parliament</a>. It operates as a partially-mutualised marketplace within which multiple financial backers, grouped in <a href="page.php?w=syndicate">syndicate</a>s,</p><p>
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