Unlike most of its competitors in the industry, it is not a company but it is a corporate body under the Lloyd's Act 1871 of the Parliament of the United Kingdom.

In 1871, the first Lloyd's Act was passed in Parliament which gave the business a sound legal footing.

In 1980, Sir Henry Fisher was commissioned by the Council of Lloyd's to produce the foundation for a new Lloyd's Act.

The Lloyd's Act of 1982 further redefined the structure of the business, and was designed to give the ' external Names ', introduced in response to the Cromer Report, a say in the running of the business through a new governing Council.

The main purpose of the 1982 Act was to separate the ownership of the managing agents ( of a lloyd's syndicate ) from that of a Lloyd's insurance broking firm-with the objective of removing conflicts of interest in generating insurance business whilst also underwriting it.

Originally created as a non-incorporated association of subscribing members in 1774, it was incorporated by the Lloyd's Act 1871, and it is currently governed under the Lloyd's Acts of 1871 through to 1982.

The Lloyd's Act 1982 defines the management structure and rules under which Lloyd's operates.

Under the Act, the Council of Lloyd's is responsible for the management and supervision of the market.

* 1871 Lloyd's Act 1871

* 1911 Lloyd's Act 1911

* 1982 Lloyd's Act 1982

A year later, the Finance Act 1998 went even further, making it clear that taxable trading profits ( apart from those accruing to a Lloyd's corporate name or to a life assurance company ) and profits from a rental business are equal to profits calculated under generally accepted accounting practice (" GAAP ") unless there is a specific statutory or case law rule to the contrary.

We set up the Lloyd's Neck school, worked out its curriculum, and taught there.

Antoon's 1990 production at the New York Shakespeare Festival, starring Morgan Freeman and Tracey Ullman, which was set in the old west ; Bill Alexander's 1992 RSC production at the Barbican, starring Anton Lesser and Amanda Harris, in which the Induction was rewritten in modern language, and the play-within-the-play featured actors carrying scripts and continually forgetting lines ; Delia Taylor's 1999 production at the Clark Street Playhouse, which featured an all female cast, with Diane Manning as Petruchio and Elizabeth Perotti as Katherina ; Phyllida Lloyd's 2003 production at the Globe, again with an all female cast, starring Janet McTeer as Petruchio and Kathryn Hunter as Katherina ; Gregory Doran's 2003 RSC production at the Royal Shakespeare Theatre, where the play was presented with Fletcher's The Tamer Tamed as a two-part piece, with Jasper Britton and Alexandra Gilbreath ( playing both Katherina in The Shrew and Maria ( Petruchio's second wife ) in The Tamer Tamed ); Edward Hall's 2006 Propeller Company production at the Courtyard Theatre as part of the RSC's presentation of the Complete Works, featuring an all-male cast, with Dugald Bruce Lockhart as Petruchio and Simon Scardifield as Katherina ; and Conall Morrison's 2008 RSC production at the Royal Shakespeare Theatre, starring Stephen Boxer and Michelle Gomez.

The key features of Matthew Lloyd's game were his powerful marks on the lead ( particularly overhead ), his use of his body in a defensive capacity and deadly accurate goal kicking, particularly from set shots, on his left foot.

In 2006, the AFL introduced a " shot clock " to limit the amount of time that players had to take set shots ; although Lloyd's ritual was not the longest in the league, its quirks make it the most well-known, so the rule became commonly known as " the Lloyd Rule ".

Irish actor Stephen Boyd, a close friend of Lloyd's, was originally set to star as Sandy Young, the Sergeant Major who trains the mercenaries before their mission.

We had a couple of schools in this country, the principal one being on the Marshall Field estate out in Lloyd's Neck.

With Lady Ottoline Morrell, Leonard Woolf and Harry Norton he took part in Ezra Pound's scheme to ' get Eliot out of the bank ' ( Eliot had a job in the international department of Lloyd's, a London bank, and well-meaning friends wanted him full-time writing poetry ).

Lloyd seeks advice and counsel from his sister and several close female friends who are genuinely looking out for Lloyd's best interests as he embarks on his first serious romantic relationship.

For the next couple of years, Laurinaitis stayed out of the wrestling ring, collecting on a very lucrative insurance policy from Lloyd's of London while Hegstrand competed all over the world.

So they finally decided to work out this deal where Lloyd's of London would put up the remaining money and become a profit participant.

It was commandeered by the Navy when war broke out and after much haggling Hope Bartlet was paid 4000 pounds, notwithstanding a Lloyd's valuation of 5, 500 pounds.

Amongst his most famous pieces are a minute reproduction of Michelangelo's David, carved out of a single grain of sand and a commissioned miniature version of the Lloyd's building in London.

USA Today gave the film three out of four stars and praised Bruce Willis ' " subsidiary performance as Lloyd's reclusive guardian-uncle is admirably short on showboating ".

Hird was temporarily appointed captain for the two matches which followed Lloyd's season-ending injury, before David Hille assumed the role from round 6 onwards.

Exceptions include Lloyd's of London, which is famous for insuring the life or health of actors, sports figures and other famous individuals.

Other possible forms for an insurance company include reciprocals, in which policyholders reciprocate in sharing risks, and Lloyd's organizations.

Three Smart Saps, a film considered to be an improvement, features a reworking of a routine from Harold Lloyd's The Freshman, in which Curly's loosely basted suit begins to come apart at the seams while he is on the dance floor.

When the format of Lloyd's satirical TV show Not the Nine O ' Clock News was sold to America to become Not Necessarily the News, the producers also took the made-up word definition concept, which became Sniglets.

|| kabbo became Bleek and Lloyd's first real teacher, a title by which he later regarded himself.

The idea for the show came from Lloyd's brief period in the early 1950s working at Simpsons of Piccadilly, a clothing store which traded for over 60 years until 1999.

The site, which will be occupied from 2014, will house, amongst others, the Group Technology Centre of Lloyd's Register who have announced a strategic alliance with the University and the University Maritime Institute.

The town was the site of the first Lloyd's Supercenter, and is home to many retail stores, shopping centers and restaurants, many of which are located along Route 211.

Interestingly, Lloyd's coffeehouse published a newspaper, which gave news from various parts of the world, and helped the underwriters of the insurance at the coffeehouse to determine the risk.

Lloyd's response was to commission a secret internal inquiry, known as the Cromer Report, which reported in 1968.

Arising simultaneously with these developments were wider issues: firstly, in the United States, an ever-widening interpretation by the Courts of insurance coverage in relation to workers ' compensation in relation to asbestos-related losses, which had the effect of creating a huge, and initially not recognised and then not acknowledged hole in Lloyd's reserves.

On each occasion the allegation that there had been a policy of ' recruit to dilute ' was rejected, however, at first instance the judge described the Names as the innocent victims [...] of staggering incompetence and at appeal the Court found that representations that Lloyd's had a rigorous auditing system were false ( 376 of the judgment: [...] the answer to the question [...] whether there was in existence a rigorous system of auditing which involved the making of a reasonable estimate of outstanding liabilities, including unknown and unnoted losses, is no.

In the great Underwriting Room of Lloyd's stands the Lutine Bell, which was struck when the fate of a ship “ overdue ” at its destination port became known.

Lloyd's is also the main plotline in English author Penny Vincenzi's novel An Absolute Scandal ( 2007 ), which centres around the scandals during the 1980s and 1990s told via a large ensemble cast.

Illustrated with black-and-white photographic plates, which include the Twin Towers in New York, with a colour frontispiece of ' The Room ' at Lloyd's ( Originally supplied in cardboard box ).

( 1923 ), which cemented Lloyd's stardom ( and is the oldest film on the American Film Institute's List of 100 Most Thrilling Movies ), and Why Worry?

Lloyd's rate of film releases, which had been one or two a year in the 1920s, slowed to about one every two years until 1938.