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JLT confident after first quarter

Broker JLT says it has made a strong start to the year despite challenging trading conditions.

Its first-quarter trading statement notes good momentum across all its businesses.

“JLT… remains confident that organic revenue growth, more in line with historical rates, will be delivered, generating sustained year-on-year financial progress,” it says.

In risk and insurance, the momentum in specialty seen in prior periods was maintained, “with key client wins providing an offset to a challenging market environment”.

JLT Re continued good revenue growth during the period.