“…ut that Bartlett and The Nanfri were concerned with issues different to that which arises in the present case, Mr Pickering took us to Brown v KMR Services Ltd [1995] 4 All ER 598. In that case, the claimant, who had been an underwriting name at Lloyd’s, had suffered losses in 1988, 1989 and 1990 but made profits in 1986 and 1987. The ma…”