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Lloyd's Name's hidden gold

williams

A former Lloyd's underwriter has had more than £1m worth of gold and cash seized by the New Zealand courts to pay for debts incurred almost 20 years ago.

Alan Simpson, a former Name, was ordered to pay more than £200 000 to Lloyd's by the UK courts in 2005 after a lengthy court battle with the market, and was then bankrupted by Lloyd's last year over

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