It delivered an 8% rise in gross premium income to £135m, up from £125.1m in 2024, alongside a growth in membership numbers.
The insurer had 151,503 members, a 3% increase over the year, and paid out a record number of claims valued at £74m.
Its health insurance new business premiums were in line with expectations at £19.1m, while new business premiums for income protection rose 21.6% to £7m.
New business premiums for life insurance also rose, from £3.7m in 2024 to £5.6m in 2025.
The group paid £37m in commission to intermediaries in 2025, a 19.4% increase on the year before.
Aldermore Insights with Jon Cooper: Edition 9 – Why lending strategy is becoming more central in buy to let
Sponsored by Aldermore
Isobel Langton, CEO of The Exeter, said: “Looking back on 2025, I’m incredibly proud of what The Exeter has achieved, and most importantly, the support we have continued to provide to our members and advisers. This has been another strong year for the business, reflected in the value of claims paid, growth in our membership and gross premium income.
“These results are a real testament to the care, commitment and expertise of our colleagues across the business. Their hard work and collaboration have been central to such a successful year, while ensuring we continue to do the right thing for our members.”
Langton added: “As we look to the future, we will keep investing in our people and technology, building on this momentum to deliver an even more seamless, supportive and personal experience for members and advisers.”
