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Letter: MPs dispute losses at Lloyd's

A. C. L. Sturge
Sunday 27 March 1994 00:02 GMT
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MY COMPANY was quoted in Paul Routledge's article about MPs' losses at Lloyd's as being a source of information along with the Lloyd's Blue Books. From these a former Lloyd's underwriter was said to have compiled the figures. I have looked at three of the named MPs and tried to assess their losses. My conclusion is that you are wildly out in your estimates. The article is most embarrassing for my company, which maintains a reputation for being correct in its Lloyd's forecasts.

A C L Sturge

Chatset Limited

London SW1

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