JLT risk profit rises by 16% in H1

Underlying trading profits at JLT's risk and insurance
division rose by 16 percent to £108.7mn ($141.9mn) in the
first half of the year, as losses narrowed at the group's US
specialty business.
The risk and broking arm of JLT, which represented close to 78
percent of global turnover in the first half, increased sales by 12
percent to £540.8mn.
Revenues at JLT USA increased by 116 percent to £35.2mn.
The US business made a £13.4mn loss in the first half,...