> ... Lloyds, one of the few remaining places whose investors have unlimited liability because the company dates from 1686... It’s worth noting that even Lloyd

> ... Lloyds, one of the few remaining places whose investors have unlimited liability because the company dates from 1686... It’s worth noting that even Lloyd’s has been changing as a result of unlimited liability being, well, a liability. New private individual investors with unlimited liability (called “Names” in Lloyd’s parlance) haven’t been admitted in some years and corporate entities have been admitted to join with limited liability for almost thirty years. As it stands now, something like only 3% of Lloyd’s insurance capacity is provided by unlimited liability Names and that’s expected to hit 0% before 2030.