CII admits "caution" in 2009 after 7% jump in revenue
The Chartered Insurance Institute has reported a 7% growth in revenue to £30.3m (2007: £28.4m) and a 2% rise in membership to over 93 000 members in 2008. Operating surplus was £0.8m (2007: £0.6m) and the net surplus, after investment returns and taxation, was £1.9m (2007: £1.0m).
The CII said in a statement: "There has been significant growth on the exams front, principally on the financial services side of the business; due to the FSA's RDR proposals, with an increase of
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