Mutual insurance

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Mutual insurance is a type of insurance where those protected by the insurance (policyholders) also have certain "ownership" rights in the organization. These "ownership" rights typically consist of the ability to elect the management of the organization and to participate in a distribution of any net assets or surplus should the organization cease doing business. Historically, insurance began in the USA through a mutual (or cooperative) structure. Recently, some insurance companies have gone through demutualization and become public companies in an effort, among other things, to improve their ability to acquire capital.

The global trade association for the industry, the International Cooperative and Mutual Insurance Federation, claims 206 members in 72 countries, in turn representing 400 insurers.[1]

Contents

[edit] List of mutual insurance companies

[edit] Germany

Members of "Arbeitsgemeinschaft der Versicherungsvereine auf Gegenseitigkeit e.V"

[edit] Japan

[edit] Spain

[edit] United Kingdom[2]

[edit] United States

[edit] List of demutualized insurance companies

[edit] Japan

[edit] South Africa

[edit] United Kingdom

[edit] United States

[edit] List of defunct mutual insurance companies

[edit] Japan

[edit] References

  1. ^ ICMIF: Members list. Retrieved on April 7, 2009.
  2. ^ AMI members. Association of Mutual Insurers. Retrieved on August 24, 2008. A longer list of UK mutual insurers.

[edit] External links

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