Lloyd's syndicates can withstand Q3 cat losses: Parry

Lloyd's does not currently expect any syndicates to fail as
a result of third quarter catastrophe events, director of finance
John Parry said today.
Lloyd's has put a suspension on the release of first-half
profits until it can assess the full impact of this most recent
string of events, Parry said during an H1 results press
conference.
"There are some syndicates where [the loss events] will
have clearly eroded [profits from] their first half of the
year," the executive said....