P506 Teletext 506 May24 16:01:01         —————————————————————————————  NO MORE BANKRUPTCIES — LLOYD'S The chairman of Lloyd's of London has told investors in the insurance market that no one would be forced into bankruptcy by the company's losses. David Rowland said he deeply regretted the huge recent losses — £7bn in the past four financial years — which had caused so much suffering to investors. But the annual meeting heard the trend was improving with "good profits" ahead ——————————————————————————————————1/2—— Financial headlines 500 City index 501 REPORTS FROM THE WORLD MARKETS p530 Next CompNews Shares Family Finance
P506 Teletext 506 May24 16:00:15         —————————————————————————————  ANGRY NAMES CONFRONT LLOYD'S Angry Names have confronted Lloyd's of London insurance market chairman Sir David Rowland at the annual meeting. "When is Lloyd's going to accept that theirs has been a society of overpaid, incompetents and cunning, greedy men...?", one Name, Sally Noel, asked. Mrs Noel, facing a bill of £262,000, told Sir David: "Only over my very-dead body, will you get another penny." ——————————————————————————————————2/2—— Financial headlines 500 Cijy index 501 TAX, SAVINGS, MORTGAGES - SEE p540 Next CompNews Shares Family Finance