JLT Group has reported a net profit of £59.2 million ($99.85 million) for the first half, up 3.5% on the corresponding period last year.

The London-based company’s total revenue grew 10% to £487.2 million ($821.75 million) on “notable performances” from Australia, Asia, Latin America and JLT Re.

The risk and insurance operation recorded revenue of £372.2 million ($627.78 million), up 7%, with Australia and New Zealand contributing £71.7 million ($120.93 million), up 5%.

The region’s results “reflect the continued strength and leading market position of our public sector business, coupled with the growing benefits being delivered by the investments made in specialty areas such as energy, mining and financial lines”, JLT says.

In Asia, three “relatively small but strategically important” acquisitions were made, bringing 450 new staff.

“As a result, today JLT is among the leading brokers in Malaysia and one of the largest providers of healthcare management services in Indonesia, the fastest-growing and potentially the largest healthcare market in Asia,” the company says.

CEO Dominic Burke says the results “illustrate how our continuing investments are enabling us to maintain our track record of strong organic growth. Despite the weak insurance rating environment and mixed economic outlook, our clear strategy and momentum give us confidence in our ability to deliver year-on-year financial progress.”