Lloyd’s of London debuts in US private placements

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Lloyd’s of London debuts in US private placements

Lloyd's of London insurance reinsurance from PA 230x150
File photo dated 11/11/16 of insurance market Lloyd's of London which said it swung to a pre-tax loss of £2 billion for 2017 against profits of £2.1 billion the previous year. | Philip Toscano/PA Archive/PA Images

The Society of London, better known as Lloyd’s of London, is marketing a US private placement (PP). The insurance organisation's debut in PPs in its 333 year history is another sign the market is attracting a wider range of UK companies than ever before.

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