The group, which now operates in 130 countries, said its revenues and pre-tax profits each grew by a healthy nine per cent in the first half of the year as it bolted on acquisitions and recruited staff.
Chief executive Dominic Burke told City A.M. its fast-growing Asian and Latin American presence was a long-term trend.
“I certainly think the internationalisation of our business will be a continuing theme and if you think about profit in the first half, of £39m from our London market division and £38m in our retail division, that compares to a £42m to £32m split in the first half of last year,” he said.
“The rebalancing of the business reflects the growth in these regions. The emerging internationalisation of the business is a long term trend.”
But he rejected suggestions that JLT may relocate out of the UK as its global business grew.
“We are a British business and have no intention of moving our headquarters,” he said.
Stripping out exceptional items, the group’s underlying pre-tax profit was £79.8m million, eight per cent ahead of the first half of 2010.
Revenues were £411.3m compared to the same period last year, including seven per cent organic growth.
Risk and insurance, which makes 80 per cent of its revenues, saw a strong first half with revenues up ten per cent to £327.3m as it reaped the benefits of its emerging markets presence
Burke cautioned that it’s London market whole business, Lloyd & Partners, grew just one per cent due to the “very highly competitive nature of the market”.