94% of Cirencester Friendly claims paid

Its members were awarded £4.3m in bonuses.

In 2015 94% of Cirencester Friendly claims were paid, the mutual has announced.

Its annual results revealed that its premium income rose by 5% to 15.6%, its investment income rose by 5.7% to £1.8m and its total income rose by 5.2% to £17.6m.

Its members were awarded £4.3m in bonuses.

Paul Hudson, chief executive at Cirencester Friendly said: “I am thrilled that income, assets and membership have all increased in what has been another strong year for Cirencester Friendly.

“This is testament to the hard work and dedication of the Society’s employees, the strong relationships we have with advisers and our commitment to support our Members when they need us most.”