Cornish Mutual profit exceeds £2m
Truro-based insurer Cornish Mutual has reported a 9% increase in gross written premium to £19.2m (2011: £17.6m) in the full-year to September 2012.
Profit after tax increased significantly to £2.09m (2011: £336 221) while members funds rose year-on-year by £1.82m to give a total of £17.76m).
The number of Cornish Mutual members grew to 24 352
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