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The Scalpel

Kohn Pedersen Fox buildingsOffice buildings completed in 2018Skyscraper office buildings in LondonSkyscrapers in the City of London
The Scalpel, August 2018
The Scalpel, August 2018

The Scalpel is a commercial skyscraper in London, United Kingdom. It is located on Lime Street in the City of London financial area. Originally a nickname but subsequently designated as its official name, the term "Scalpel" was coined by the Financial Times due to the building's distinctive angular design. The building has also been noted for its similarity to a "play" media button due to how it looks from South of the River Thames. This follows a trend of nicknaming new buildings based upon their shape, such as the nearby Leadenhall Building, also known as "The Cheesegrater". Completed in 2018, The Scalpel at 52 Lime Street is 190 m (620 ft) tall, with 38 storeys. It was designed by Kohn Pedersen Fox. The Scalpel at 52 Lime Street is on the corner of Lime Street and Leadenhall Street, opposite the Lloyd's building and adjacent to the Willis Building. The skyscraper has been built for insurance company W. R. Berkley and is the firm's new European headquarters, occupying approximately one-quarter of the total office space. Other tenants that have leased space include Axis Novae, National Australia Bank, Morrison & Foerster, Britannia Financial Group, and Convex.

Excerpt from the Wikipedia article The Scalpel (License: CC BY-SA 3.0, Authors, Images).

The Scalpel
Leadenhall Street, City of London

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Wikipedia: The ScalpelContinue reading on Wikipedia

Geographical coordinates (GPS)

Latitude Longitude
N 51.513258 ° E -0.081453 °
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Address

Leadenhall Street 52
EC3A 4AA City of London
England, United Kingdom
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Website
thescalpelec3.co.uk

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The Scalpel, August 2018
The Scalpel, August 2018
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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. It 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 predominantly general insurance and reinsurance, although a small number of syndicates write term life assurance. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee house on Tower Street in c. 1686. Today, it has a dedicated building on Lime Street within which business is transacted at each syndicate's "box" in the underwriting "Room", with the insurance policy documentation being known traditionally as a "slip".The market's motto is Fidentia, Latin for "confidence", and it is closely associated with the Latin phrase uberrima fides, or "utmost good faith", representing the relationship between underwriters and brokers.Having survived multiple scandals and significant challenges through the second half of the 20th century, most notably the asbestosis affair, Lloyd's today promotes its strong financial "chain of security" available to promptly pay all valid claims. As of 2019 this chain consisted of £52.8 billion of syndicate-level assets, £27.6bn of members' "funds at Lloyd's" and over £4.4bn in a third mutual link which includes the Central Fund.In 2020 there were 76 syndicates managed by 50 managing agencies that collectively wrote £35.5bn of gross premiums on risks placed by 350 brokers. Of those premiums 53 per cent emanated from North America, 27 per cent from Europe and 20 per cent from the rest of the world. Direct insurance represented 65 per cent of the premiums, mostly covering property and casualty (liability), while the remaining 35 per cent was reinsurance.

St Mary Axe
St Mary Axe

St Mary Axe was a medieval parish in the City of London whose name survives as that of the street which formerly occupied it. The Church of St Mary Axe was demolished in 1561 and its parish united with that of St Andrew Undershaft, which is situated on the corner of St Mary Axe and Leadenhall Street. The site of the former church is now occupied by Fitzwilliam House, a fact acknowledged by a blue plaque on the building's façade. Nearby parishes include the medieval Great St Helen's (1210) and St Ethelburga (14th century). The street name may derive from a combination of the church dedicated to the Virgin Mary and a neighbouring tavern which prominently displayed a sign with an image of an axe, or simply from the church name itself, which may have come from the axes used by the Worshipful Company of Skinners, who were patrons. The sign of an axe is reported to have been present over the east end of the church.The street St Mary Axe is now most notable for the Baltic Exchange at No. 38, and the "Gherkin" at No. 30, a distinctively shaped skyscraper built on the site of the former buildings of the Baltic Exchange and the UK Chamber of Shipping (destroyed by an IRA bomb in 1992). The street originates at its northern end as a turn off Houndsditch, with traffic flowing one-way southbound, and it originates at its southern end as a turn off Leadenhall Street, with traffic flowing one-way northbound. Both one-way portions of St Mary Axe converge at Bevis Marks, where traffic is forced westward into Camomile Street. Number 70 St Mary Axe appears in several novels by the British author Tom Holt as the address of a firm of sorcerers headed by J. W. Wells. This is itself a reference to Gilbert and Sullivan's The Sorcerer. In the song "My Name Is John Wellington Wells", the lyric renders his address as "Number Seventy, Simmery Axe"; this reflects the fact that some Londoners pronounce the street's name as "S'M'ry Axe" rather than enunciating it fully. The Tom Holt novels and The Sorcerer were written before the current office building at 70 St Mary Axe was constructed.