Lloyd’s (often Lloyd’s of London) is an insurance market in London, not a high-street bank and not one ordinary company with a single boss. For hundreds of years it has been the place where very large and unusual risks are insured — ships, aircraft, satellites, natural disasters, even odd one-off bets. Underwriters and syndicates gather there and share the risk.

Lloyd's (often Lloyd's of London) Lloyd's（常稱 Lloyd's of London） is是 an insurance market in London倫敦的一個保險市場, not a high-street bank不是街角那種銀行, and not one ordinary company with a single boss也不是有單一老闆的一般公司。For hundreds of years幾百年來, it has been the place where very large and unusual risks are insured它一直是承保各種超大型、不尋常風險的地方 — ships, aircraft, satellites, natural disasters, even odd one-off bets像船隻、飛機、衛星、天災，甚至是奇怪的一次性賭注。Underwriters and syndicates gather there保險承保人和辛迪加會聚集在那裡 and share the risk一起分攤風險。

People with a lot of money can become members, traditionally called ‘Names’. A Name puts their own wealth behind the insurance: if the year goes well they share the profit; if claims are huge, they can lose a great deal, in the old days even more than they put in. That is why newspapers talk about Names who were ruined after a bad storm or a big disaster.

People with a lot of money can become members有錢人可以成為會員, traditionally called 'Names'傳統上稱為「Names」。A Name puts their own wealth behind the insurance Name 會把自己的財富押在保險上: if the year goes well they share the profit如果那年運氣好，他們就分到利潤; if claims are huge, they can lose a great deal如果理賠金額龐大，他們可能損失慘重, in the old days even more than they put in在以前甚至可能虧得比投入的還多。That is why newspapers talk about Names who were ruined after a bad storm or a big disaster這就是為什麼報紙會報導有 Names 在一場大風暴或大災難後破產的故事。

Though actually, the membership rules have changed over time, and much of the money now comes from big companies, not only rich private Names, but the old word is still used. You will hear Lloyd’s in business news, shipping, and aviation, in a formal register.

Though actually不過, the membership rules have changed over time會員規則隨著時間改變了, and much of the money now comes from big companies現在很多資金來自大公司, not only rich private Names不再只是有錢的個人 Names, but the old word is still used但這個舊稱呼還是繼續在用。You will hear Lloyd's in business news, shipping, and aviation你會在商業新聞、航運，和航空報導裡聽到 Lloyd's, in a formal register用法很正式。

It is a marketplace: many players, one famous roof. The name goes back to Edward Lloyd’s coffee house in London, where sailors and merchants met to arrange cover for ships.

It is a marketplace它是一個市場: many players, one famous roof許多參與者，共用一個著名的屋頂。The name goes back to Edward Lloyd's coffee house in London這個名字可以追溯到倫敦的 Edward Lloyd's 咖啡館, where sailors and merchants met to arrange cover for ships水手和商人會在那裡碰面，安排船隻的保險。