Lloyd's £1.4bn Iran war loss estimate is largely based on exposures, CFO says

The preliminary figure extends beyond marine, while Lloyd's sees softer pricing and a return of major losses as separate threats to performance

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.