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In 2016 there were 99 syndicates (compared to 84 in 2015), managed by 57 managing agencies, that collectively wrote £29.862 billion of gross premiums (up from £26.69bn in 2015) on business placed by 258 Lloyd's approved brokers (242 in 2015).
Direct insurance represented 69 per cent of the policies written, mainly covering property and liability ("casualty"), while the remaining 31 per cent was reinsurance.
Lloyd's of London, generally known simply as Lloyd's, is an insurance market located in the City of London, which exists inside London.
Its motto is Fidentia, Latin for "confidence", and it is closely associated with the Latin phrase uberrima fides, or "utmost good faith".
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