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Lloyd's pursues own probe into Equity syndicate losses

The Lloyd's building

Lloyd's is investigating Equity syndicate's reserve deterioration, Post has learnt, and a Names protest group says the outcome should prove influential to its own campaign over Equity's losses.

The Lloyd's investigation is in addition to an inquiry started by the Financial Services Authority launched last year.

Equity parent insurer IAG poured £207m into its UK claims reserves last June

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