Pre-tax profit up 35% at JLT in 2017

up-arrows-green

Revenues also rise as the broker posts its financial results for the year ended 31 December 2017.

Jardine Lloyd Thompson (JLT) has posted a 35% rise in pre-tax profit to £181.6m for the year ended 31 December 2017 (2016: £134.9m).

In addition the broker’s total revenue grew by 10% in 2017 to £1.39bn, compared to £1.26bn in the preceding year.  

Looking at the different divisions, the figures revealed that revenue in its risk and insurance unit rose by 11% to £1.07bn (2016: £960.9m). Within the specialty businesses revenue ticked up to £848.7m (2016: £765.3m).

JLT further reported a 19%

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

Biba Conference 2024 countdown: CFC’s Pat Brice

As we continue our Biba Conference series, Pat Brice, distribution director at CFC, promises socks on its stand, and reflects on the post-pandemic buzz of the event, encouraging first-timers to step back and absorb their surroundings.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: