GuideOne Mutual Insurance Co., a national niche market insurer based in West Des Moines, today announced its 2014 year-end results. The company, which insures churches, senior living communities, schools and colleges, autos and homes, had net income of $33.8 million, compared with a net loss of $7.6 million in 2013. GuideOne posted a surplus of $537.9 million, a combined ratio of 101.8 percent, and a return on equity of 6.1 percent. The company also posted direct and assumed written premium of $606.6 million, which was a 5.2 percent increase from the prior year. “We were pleased with the results we experienced in 2014,” said Jim Wallace, GuideOne chairman, president and CEO, in a release. GuideOne’s return on equity of 6.1 percent beat industry estimates of 4.5 percent average ROE, and its 5.2 percent increase in written premium topped the industry average of 4.9 percent, the company said.