Mutual insurance
2619109
222929050
2008-07-01T19:57:13Z
Marklbermes
7405939
/* United States */
'''Mutual insurance''' is a type of [[insurance]] where those protected by the insurance (policyholders) also have certain "ownership" rights in the [[mutual organization|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 organization|mutual]] (or [[cooperative]]) structure. Recently, some insurance companies have gone through [[demutualization]] and become [[public company|public companies]] in an effort, among other things, to improve their ability to acquire capital.
The global [[cooperative union]] for the industry, the International Cooperative and Mutual Insurance Federation, claims 142 members in 70 countries, in turn representing 400 insurers.<ref>[http://www.icmif.org/members ICMIF: Members list]. Retrieved on December 11, 2006.</ref>
== List of mutual insurance companies ==
=== Japan ===
* [[Asahi Mutual Life Insurance Co]]mpany
* [[The Dai-ichi Mutual Life Insurance Company]]
* [[Fukoku Mutual Life Insurance Company]]
* [[Meiji Yasuda Life Insurance Company]]
* [[Nippon Life Insurance Company]]
* [[Sumitomo Life Insurance Company]]
=== United States ===
* [[American Family Insurance]]
* [[Amica]]
* [[Boston Mutual]]
* [[CAMICO Mutual Insurance Company]]
* [[COUNTRY Insurance & Financial Services]]
* [[CUNA Mutual Life Insurance Company]]
* [[FM Global]]
* [[Guardian Life]]
* [[Hastings Mutual Insurance Company]]
* [[Illinois Mutual]]
* [[Liberty Mutual]]
* [[Massachusetts Mutual Life Insurance Company]]
* [[Missouri Employers Mutual]]
* [[MTL Insurance Company]]
* [[Mutual of America]]
* [[Mutual of Omaha]]
* [[Nationwide Mutual Insurance Company]]
* [[New York Life]]
* [[North Carolina Mutual]]
* [[Northwestern Mutual Life]]
* [[PEMCO]]
* [[Penn Mutual Life]]
* [[Physicians Mutual]]
* [[SBLI USA Mutual Life]]
* [[Security Mutual of NY]]
* [[Sentry Insurance]]
* [[Shelter Insurance]]
* [[State Farm Insurance]]
* [[Western & Southern]]
=== United Kingdom ===
* [[The Equitable Life Assurance Society]]
* [[NFU Mutual]]
* [[Royal London Mutual Insurance]]
* [[engage Mutual Assurance]]
== List of demutualized insurance companies ==
=== Japan ===
* [[Daido Life Insurance Company]]
* [[The Kyoei Fire & Marine Insurance Co.|The Kyoei Fire & Marine Insurance Co., Ltd.]]
* [[Mitsui Life Insurance Co.|Mitsui Life Insurance Co., Ltd.]]
* [[Taiyo Life Insurance Company]]
* [[Yamato Life Insurance Company]]
=== South Africa ===
* [[Old Mutual]]
=== United Kingdom===
* [[Friends Provident]]
* [[Prudential plc|Prudential]]
* [[Scottish Amicable]] ''(see [[Prudential plc]])
* [[Scottish Widows]]
* [[Standard Life]]
=== United States ===
* [[John Hancock Mutual Life]]
* [[Metropolitan Life Insurance Company]]
* [[MONY]] (was [[Mutual of New York]])
* [[Principal Financial Group]]
* [[Prudential Insurance]]
== List of defunct mutual insurance companies ==
=== Japan ===
* [[Chiyoda Mutual Life Insurance Company]]
* [[Daihyaku Life Insurance Company]]
* [[Daiichi Mutual Fire & Marine Insurance Company]]
* [[Nissan Mutual Life Insurance|Nissan Mutual Life Insurance Company]]
* [[Toho Mutual Life Insurance company]]
* [[Tokyo Mutual Life Insurance Company]]
==References==
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==External links==
*[http://www.icmif.org/ ICMIF] – International Cooperative and Mutual Insurance Federation
* [http://www.glenndaily.com/mhctable.htm Reorganization Status of Mutual Life Insurance Companies] (USA)
{{Co-operatives}}
[[Category:Types of insurance]]
[[Category:Cooperatives]]
[[Category:Mutual insurance companies| ]]
[[nl:Onderlinge waarborgmaatschappij]]
[[ja:相互会社]]
[[fi:Keskinäinen yhtiö]]