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For most of Lloyd's history, rich individuals known as Names backed policies written at Lloyd's with all of their personal wealth and took on unlimited liability. Since 1994, Lloyd's has allowed corporate members into the market, with limited liability. The asbestosis losses in the early 1990s devastated the finances of many Names: upwards of ...
Lloyd's List Intelligence is an interactive online service offering detailed vessel movements, real-time AIS positioning, information on ships, companies, ports and casualties as well as credit reports, industry data and analysis including short-term market outlook reports. It also provides support services such as consultancy, investigations ...
Retrieved 6 December 2020. Lloyds Banking Group uses the phrase 'the group was formed in January 2009'. Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. [4]
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The National Bank of New Zealand Limited (NBNZ), often referred to as The National Bank, was one of New Zealand 's largest banks. Throughout much of its history, the National Bank provided commercial banking services to mainly major industrial and rural as well as some personal customers. In 1966, Lloyds Bank became the sole owner.
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Sainsbury's and Bank of Scotland (later a subsidiary of Lloyds Banking Group) formed the bank as a joint venture, and it received a full banking licence from the Bank of England in January 1997. It launched on 19 February 1997. On 8 May 2013, Sainsbury's announced it would buy the 50% share in the business owned by Lloyds Banking Group. [7]