Report & Accounts - JLT

36. Principal subsidiary and associated companiesThe following were the principal subsidiary and associated undertakings at 31st December 2005. Unless otherwise shown, thecapital of each company is wholly owned, is in ordinary shares and the principal country of operation is the country ofincorporation/registration. Where a company is not wholly owned, the percentage of the capital held is shown in brackets.Country ofincorporation/registrationNotesPRINCIPAL SUBSIDIARY UNDERTAKINGSInsurance broking and consultingAgnew Higgins Pickering & Company LimitedEnglandJLT Benefit Solutions Limited England bJLT Corporate Risks LimitedEnglandJLT Healthcare LimitedEnglandJLT Risk Solutions LimitedEnglandProfund Solutions LimitedEnglandLloyd & Partners LimitedEnglandJardine Lloyd Thompson Ireland LimitedEireJLT Risk Solutions ABSwedenJardine Lloyd Thompson Australia Pty LimitedAustraliaJardine Lloyd Thompson LimitedNew ZealandJardine Lloyd Thompson Limited Hong Kong aJardine Lloyd Thompson LimitedJapanJardine Lloyd Thompson Korea LimitedKoreaJardine Lloyd Thompson Insurance Brokers Inc.PhilippinesJardine Lloyd Thompson Asia Pte LimitedSingaporeJLT Risk Solutions Asia Pte LimitedSingaporeJardine Lloyd Thompson Sdn Bhd (49%)MalaysiaJardine Lloyd Thompson Taiwan LimitedTaiwanJardine Lloyd Thompson Limited (49%) Thailand b, cPT Jardine Lloyd Thompson (80%)IndonesiaFinancial Solutions LimitedBermudaJLT Risk Solutions (Bermuda) LimitedBermudaJLT Risk Solutions Management (Bermuda) LimitedBermudaJardine Lloyd Thompson Canada Inc.CanadaJLT Services CorporationUSAJardine Lloyd Thompson LLCUSAJLT do Brasil Corretagem de Seguros Ltda (86.5%)BrazilJardine Lloyd Thompson - Valencia y Iragorri Corredores de Seguros SA (68%)ColombiaJLT Re Colombia, Corredores Colombianos de Reaseguros SA (75.5%)ColombiaJLT Mexico, Intermediario de Reaseguro SA de CV (73%)MexicoMariategui JLT, Corredores de Seguros SA (51%)PeruJLT Corredores de Reaseguros SA (59%)PeruGroup insuranceEagle & Crown LimitedIntermediate holding companyJIB Group plcJLT Latin American Holdings LimitedJMIB Holdings BVJLT Holdings (Bermuda) LimitedJLT Holdings IncAssociated undertakingsCourcelles Participations (31%) (holding company of SIACI SA)NotesShare capital divided into:a ordinary and redeemable preferred sharesb ordinary and preferred sharesc 100% of Common Stock owned by the GroupBermudaEnglandEnglandNetherlandsBermudaUSAFranceFinancial Statements Jardine Lloyd Thompson Group plc Annual Report & Accounts 2005103