JLT reports ‘resilient’ performanceReprints
U.K.-based insurer Jardine Lloyd Thompson Group P.L.C. said its risk and insurance businesses delivered a "resilient" performance in the period between July to Nov. 7, despite insurance and reinsurance pricing pressures, Reuters reports. The company also said that its energy and marine divisions continued to feeling the pinch from declining commodity prices and reduced activity, while its aviation and construction units performed well. JLT said it would increase investment spending by £6 million ($7.4 million) in 2016.