City of London London borough, a status reserved for the other 32 districts (including London's only other city, the City of Westminster). It is also a separate county of England, being an enclave surrounded by Greater London. It is the smallest county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by capitalising "City") and is also colloquially known as the Square Mile, as it is in area. Both of these terms are also often used as metonyms for the United Kingdom's trading and financial services industries, which
Lloyd's of London Lloyd's of London Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, United Kingdom. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body governed by the Lloyd's Act 1871 and subsequent Acts of Parliament and operates as a partially-mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk. These underwriters, or "members", are a collection of both corporations and private individuals, the latter being traditionally known as "Names". The business underwritten at Lloyd's is