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BRIEF-Insurance broker JLT says makes good start in Q1
April 27, 2017 / 6:09 AM / 8 months ago

BRIEF-Insurance broker JLT says makes good start in Q1

April 27 (Reuters) - Jardine Lloyd Thompson Group Plc

* Q1 trading statement 2017

* Jlt has made a good start to year

* Challenging trading conditions of 2016 in many markets around world have continued in 2017

* Momentum in specialty seen in prior periods was maintained

* Integration of construction risk partners acquisition is on track

* Overall us specialty losses due to investment are anticipated to taper during year

* Employee benefits -anticipation remains that this business will deliver organic revenue growth in year and make steady progress towards delivering a 15% trading profit margin for 2018

* Too early to determine full-year impact of foreign exchange movements on group’s results

* Remains confident that organic revenue growth, more in line with historical rates, will be delivered Source text for Eikon: Further company coverage:

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