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Lloyd’s names high tax as top European business threat

European executives are risking short-termism according to Lloyd’s chief executive Richard Ward, with high taxation now seen as the number one threat to European business.

The London market commissioned an Ipsos Mori survey of more than 500 senior business leaders globally for its third risk index, and found European executives most focused on tax, overtaking a loss of

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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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