Solvency and liquidity ‘remain strong’ and within board risk tolerances, balance sheet shows
Cirencester Friendly has reported that its membership increased to over 42,000 and premium income rose from £18.2m in 2018 to £19.9m in 2019, an increase of 9.1%. The mutual said 49% of this premium income was returned to members through claims, bonuses, interest and other benefits. Total funds reached £153.8m - a 6.3% increase on 2018 - it paid 95.7% of all claims last year. Paul Hudson, chief executive at Cirencester Friendly said: "I am pleased to report that premium income, membership and...
After more than 33 years
Increased number of SMEs feel let down
Nicola Dryden, partnership director, steps down
Previously at British Friendly
Execs sought further reassurances