Lloyd’s of London is well-known throughout the world as a major insurance market. Lloyd’s history in South Africa, however, until now has not been documented. This dissertation seeks to provide a detailed account of a history of Lloyd’s in South Africa, highlighting its contribution towards the development of the South African insurance market. The study starts with a history of Lloyd’s in the United Kingdom. This is followed by the history of Lloyd’s in South Africa starting with the first discovered record of Lloyd’s in South Africa and concludes by setting out its current position in the South African insurance market.

Diploma thesis deals with the insurance market Lloyd's of London. The main aim is to give a complex view on this specific subject on the insurance and reinsurance market, its history and market position. The work also contains a description of structure of the market, Corporation and capital, an overview of laws that involve Lloyd's market and also plans to expand its scope. Part of the work is focused on the development of a regulatory system in United Kingdom, the European Union and their impact on the market.