P507 Teletext on 4 507 Jan25 00:44:54
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 LLOYD'S HEADS FOR MORE LOSSES          
                                        
 A second revolt by discontented Lloyd's
 of London investors could break out    
 after research last week showed the    
 insurance market was deeper in the red.
                                        
 The market is heading for a loss of    
 £2.6bn for the 1990 and 1991 accounts, 
 according to research company Chatsjt. 
                                        
 It said losses since 1988 will exceed  
 deposits and resjrvjs of £4bn and      
 warned that Lloyd's needed new capital.
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