Letter: Loss of Lloyd's faith

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The Independent Online
Sir: A financially nave theological student in the Thatcherite late Seventies, who was wooed into investing a family inheritance in Lloyd's as a 'mini-name', I now find I am involved in two of the worse hit syndicates. The Lloyd's motto 'Utmost Good Faith' has been soured and now, as a resigned ex-name, I find myself wiser in the 'world' and more discerning and determined as to the real source of 'faith'. I think the Church Commissioners might be learning the same lesson.

Yours 'faithfully',

WILLIAM MATHER

Littleover, Derby

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