Guardian: A ruptured gas pipeline in Australia and damaging Caribbean hurricanes were among catastrophes that halved profits at Lloyd’s of London in the first six months. Lloyd’s, the world’s oldest insurance market, said yesterday a sharp decline in investment income was also responsible for its first interim profit decline in two years. It reported pre-tax profit in the six months to June 30 of £949m, down 47% from £1.8bn in that period last year. Chief executive Richard Ward said the …