JLT Group expects organic growth for insurance business
Firm anticipates reduced group profit because of lower earnings in employee benefits business.
JLT Group expects its risk and insurance businesses to report full-year trading margins above those of the previous year.
Its third-quarter interim management statement noted those businesses traded in line with the firm's expectations despite ongoing challenges including a weak insurance and reinsurance rating environment.
JLT anticipates full-year organic revenue growth of its risk and insurance businesses to be in line with historical levels.
However, the statement added that lower trading
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