CUNA Mutual Group reported Tuesday that its total revenue increased to $3.1 billion in 2015 from $3 billion in 2014.
The Madison, Wis.-based organization recorded $217 million in net income last year compared with $206 million in net income in 2014.
This increase reflected a 5.5% growth in CUNA Mutual's core business units – life, health, auto and home insurance products and programs, and wealth management retail annuities – as well as low catastrophe losses and positive claims experience.
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