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UPDATE 1-Jardine Lloyd says Q1 in line with its view

Thu Apr 30, 2009 6:35am EDT

Stocks

   

* Says rate of business renewal and new wins 'good' in Q1

* Says on track to meet its '09 goals

* Shares up 2 pence (Adds details)

April 30 (Reuters) - British insurance broker Jardine Lloyd Thompson (JLT.L) said its first-quarter performance was ahead of the same period last year, in line with its view and it remained on track to meet its full-year financial goals.

Jardine Lloyd, which makes money through fees and commissions on insurance policies it arranges, said the company had seen good rate of business renewal and new business wins during the quarter.

Shares of the company were up 2 pence at 442.25 pence at 1033 GMT on the London Stock Exchange. (Reporting by Purwa Naveen Raman in Bangalore; Editing by Tresa Sherin) ((purwa.naveen@thomsonreuters.com; +91 80 4135 5800; Reuters Messaging: purwa.naveen.thomsonreuters.com@reuters.net))


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