CII's income up in 2018 as membership rises

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Organisation says it received proceeds of £21.0m from the sale of the Aldermanbury building.

The Chartered Insurance Institute (CII) has reported an increase in total membership to 127,480 at the end of 2018 (2017: 124,924).

The professional body noted in its financial statement for 2018 that this had led to a 2% increase in operating income to £43.2m, compared to £42.1m in 2017.

The CII further reported an operating deficit before tax of £200,000 (2017: surplus of £400,000). Its expenses were up by 4% in 2018 to £43.4m (2017: £41.8m), which included its investment in the

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