Lloyd's, also known as Lloyd's of London, is a British insurance and reinsurance market. 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. If the ship was safe, the bell would be rung twice; if it had sunk, the bell would be rung once. (This had the practical purpose of immediately stopping the sale or purchase of “overdue” reinsurance on that vessel.) Now it is only rung for ceremonial purposes, such as the visit of a distinguished guest (two rings), or for the annual Remembrance Day service and anniversaries of major world events (one ring).
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Lloyd's building
Lloyd's, also known as Lloyd's of London, is a British insurance and reinsurance market. 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. If the ship was safe, the bell would be rung twice; if it had sunk, the bell would be rung once. (This had the practical purpose of immediately stopping the sale or purchase of “overdue” reinsurance on that vessel.) Now it is only rung for ceremonial purposes, such as the visit of a distinguished guest (two rings), or for the annual Remembrance Day service and anniversaries of major world events (one ring).
lutine bell
lloyd's building
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