JLT says on track to deliver 'sustainable profitable growth' in 2008

Insurance Age staff
11 Nov 2008

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"The group's trading performance in the third quarter was in line with our expectations across our five lines of business - retail, speciality, wholesale, reinsurance and employee benefits," the group said, adding that its balance sheet "remains strong with low net debt and significant headroom within the group's bank facilities which are committed until December 2011."

It added that the strengthening dollar against the sterling has been in the company's favour, but has been "partially

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