Brokers' prospects tied to economic growth
Robust performance at the reinsurance arms of the global brokers has helped drive results in the sector and provided a positive upside despite challenging economic conditions.
Brokers have so far roughly tracked the fate of the broader
market, with Aon, Marsh & McLennan Companies (MMC) and JLT all
marginally underperforming the Standard & Poor's 500
index.
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Though largely a primary market player, JLT's share price has climbed a peer-leading 12.7 percent in 2012, in part due to...
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