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Lloyd's Names group sets up investigation taskforce for syndicate losses

The interior of the Lloyd's building in London

A Names group has set up an “investigation” taskforce to uncover the reason behind the huge losses of Lloyd's Equity syndicate 218 and KGM 260 in the 2008 account.

The 80-strong team, headed by David Johns-Powell, is said to have no plans to take legal action against the managing agents but want to find out what happened to the accounts and then discuss

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