JLT claims positive start to 2012

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Jardine Lloyd Thompson (JLT) said its financial position remains strong, in an interim management statement covering the period between 1 January and 25 April 2012.

The company said there had been no material events or transactions during that time, and no significant change in the group's financial position since its annual report for 2011.

It also said: "The group has made a positive start to the year and the overall trading performance is in line with expectations.

"Insurance markets continue to be competitive across most sectors although there has been some stabilisation of rates, as well as evidence of hardening in respect of certain catastrophe

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