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Police Mutual sees 2014 income grow 15%

A Met police car

Police Mutual reported total income growth of 15% in 2014 alongside a £44m increase in funds under management from the beginning of the financial year.

The business' trading update showed funds under management reached £884m from £840m at the start of the year.

Home and motor insurance saw new business income of 26% while overall growth in new

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