Finance Lloyd's of London suffers 1 billion pound loss in 2018 due to natural disasters Updated : March 27, 2019 05:04 PM IST Lloyd’s, which started life in Edward Lloyd’s coffee house in 1688, insures complex risks from ships to artwork. It houses around 80 member syndicates and its results are an aggregate of its members’ financial performance. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.