Jardine Lloyd Thompson Group (JLT) has reported an underlying pretax profit of £107.4m for the first six months ended 30 June 2014, up 15%, compared to the same period last fiscal.

For the first half year period ended 30 June 2014, its total revenue rose by 15% to £559.6m, an increase of 22% at constant rates of exchange (CRE), with organic revenue growth of 6%.

Jardine Lloyd Thompson Group chief executive Dominic Burke said: "We are confident that we can deliver year-on-year financial progress, but we are more cautious over the outlook for the remainder of the year given the marked decline in the insurance and reinsurance rating environment over the last quarter and the continued strength of sterling.

"The strong organic revenue growth we achieved in the period, despite these challenges, demonstrates the success of our strategy of focusing on our areas of specialisation and higher growth economies."

JLT Specialty achieved revenues of £112.3m, with marginal increase compared to the same period in 2013. Revenue for the combined JLT Towers Re for the period stood at £110m.

JLT Australia and New Zealand revenues decreased by 10% to £64.5m, during the same period a year earlier, mainly due to the strength of sterling.

Lloyd & Partners, the company’s specialist wholesale broker, saw revenues reduce by 3% to £43.3m and trading profit remain unchanged at £10.5m.

JLT Asia revenues stood at £38m and trading profit of £7.0 million, each representing a 9% increase over the same period a year ago.