Pre-tax profits at Jardine Lloyd Thompson (JLT) rose slightly for the six months to 30 June, 2004.
Before exceptional items and goodwill amortisation, the group reported pre-tax profits of £68.1m, up from £66.1m in the first half of 2003.
Turnover rose 8% for the same period, from £225.1m to £243.1m.
JLT's risk and insurance operations increased revenue by 10% to £202.9m.
But the broker said commercial insurance rates, particularly in property and energy, were continuing to soften.
It said reductions, though less pronounced, were also being seen in liability classes.
It described the market as "more fragile and less stable" than earlier this year, due to competition from new markets without legacy issues.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
