Profits up for JLT
Broker giant reports £98.3m profit before tax in half yearly results.
Broker giant JLT Group reported profit before tax of £98.3m for the six months ending 30 June 2014, up from £85.1m in 2013.
Revenue also increased to £559.6m (2013 H1: £487.2m). In its full year results for 2013 JLT saw its profit hit £112.8m.
Within the risk and insurance division, for the start of 2014, JLT Specialty achieved revenues of £112.3m marginally ahead of the same period in 2013. Trading profits were £16.4m, compared to £17.8m in the first half of 2013.
Its UK managing agent, Thistle
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