Premium income rose by 4.4% to £16.3m with 94% of claims being paid in 2016.
Cirencester Friendly has reported their total income rose by 23.3% to £21.7m in 2016 according to its annual report.
Premium income rose by 4.4% to £16.3m with 94% of claims being paid in 2016.
These figures come after the launch of My Extra Benefits which as a package of additional benefits available to new and existing members.
Paul Hudson, chief executive at Cirencester Friendly, said: “We are proud to provide exceptional support to our members, through our high claims paid ratio, bonuses and additional benefits including Friendly Voice supported by RedArc.
“2016’s excellent figures are testament to the exceptional support from financial advisers, backed by the hard work and dedication of the society’s employees.
“2017 heralds my 20th year leading Cirencester Friendly and I look forward to another exciting and profitable year ahead.”
