Lloyd’s of London rang its Lutine bell on the subscription floor of its City of London tower to mark the accession of King Charles in a ceremony on Thursday. Lloyd’s Commercial Insurance Market, which originated in Edward Lloyd’s cafe in 1688 and originally specialized in shipping, traditionally rang once if an overdue ship was lost at sea, and two times if the ship returned.
The bell was saved from the sinking of HMS Lutine in 1857, Lloyd’s said on its website. The ceremony began with a single stroke of the bell to mark the death of Queen Elizabeth. Lloyd’s also rang the bell once last Thursday to commemorate the Queen.
The ceremony, which included bagpipes and a performance by Lloyd’s Choir, ended with the bell ringing twice to welcome King Charles, Lloyd’s said. “For the past few years we have worked alongside His Majesty King Charles to support his Sustainable Markets Initiative and we look forward to continuing our close association with this important work to create a more sustainable world,” said President Bruce Carnegie. -Brown in a statement.
Lloyd’s and Charles launched an insurance task force last year to help the industry make the transition to a net zero economy. Lloyd’s has announced that it will close all of its offices worldwide on September 19 for the Queen’s funeral.
(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)