Organization
Lloyd’s of London
London insurance market made up of individual underwriters.
- Also known as
- Lloyd’s, Society of Lloyd’s
- Wikidata
- Q1430712
- chaired by Joseph Marryat 1811–1824
Connections 5
chaired by
- Joseph Marryat 1811–1824 Scholarship & press 1
involved in
- Black Beyond Data report on Lloyd’s, 2023 opened its archive; no editorial control Scholarship & press 12
- Lloyd’s apology, 2020 apologised Scholarship & press 3
- In re African-American Slave Descendants Litigation named defendant (as the Society of Lloyd’s) Scholarship & press 4
benefited from
- Transatlantic slave trade According to Black Beyond Data Scholarship & press 235
Timeline 1 date
- 1811–1824 Joseph Marryat chair of Lloyd’s of London
Proof 5 sources
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Lloyd’s to Invest $65M in Regions Affected by Transatlantic Slave Trade, Reuters, via Insurance Journal, 8 Nov 2023.
Scholarship & press
Joseph Marryat , Lloyd’s of London chairman from 1811 to 1824, had enslaved people
Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade
Lloyd’s said its Central Fund will invest $25 million in a bond administered by the African Development Bank and $25 million in a bond administered by the Inter-American Development Bank.
Lloyd’s will also spend around 12 million pounds on a program to improve recruitment and progression for Black and other ethnic minority employees
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Lloyd’s Ledgers Reveal Key Role in 18th-Century Slave Trade, The Maritime Executive, 9 Nov 2023.
Scholarship & press
After allowing researchers to review its ledger books from the 18th and 19th centuries
“Lloyd’s was quite central, we can see, to the maintenance of the Atlantic slave trade, and also profited,”
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Update: Lloyd’s of London Apologizes for Its ‘Shameful’ Role in Atlantic Slave Trade, Reuters, via Insurance Journal, 18 Jun 2020.
Scholarship & press
The Lloyd’s of London insurance market has apologized for its “shameful” role in the 18th and 19th Century Atlantic slave trade
Slaves were seen as cargo by the insurance market of the time and generally included in the general insurance rate.
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In re Descendants of African Slavery, 02-MD-01491 (N.D. Ill.), Civil Rights Litigation Clearinghouse, 31 Oct 2021.
Scholarship & press
R.J. Reynolds Tobacco Co. The Society of Lloyd's Union Pacific Railway Co.
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Lloyd’s to Invest $65M in Regions Affected by Transatlantic Slave Trade, Reuters, via Carrier Management, 8 Nov 2023.
Scholarship & press
Historians estimate between one- and two-thirds of the British marine insurance market was based on the slave trade in the 18th century.
Page history 1 change
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