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Lloyd’s heading for tough times 
as catastrophe losses hit profits

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Lloyd's: COR could hit 100%

Lloyd’s first half-year results will be adversely affected by this year’s “unprecedented” level of catastrophes and could see its combined operating ratio hit 100% for the first time in six years, according to market observers.

It could also lead to a fall in prices paid at the syndicates’ capacity auction later this year. Lloyd’s is due to release its H1 2011 results on 21 September. Professional services firm Ernst & Young

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Lloyd’s profits fall to £3.5bn

Lloyd’s profit before tax fell from £4.2bn in the first half of 2025 to £3.5bn in the first six months of 2026, as lower investment returns offset a "strong" underwriting performance.

Is the London Market ready for widespread AI adoption?

David Sexton, vice president and head of insurance for global growth markets at Cognizant, unpicks the market's uneven investment in artificial intelligence and how focus to-date has been on improving current workflows rather than rethinking how the work is done.

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