MLchartDataset catalogue

Cooperative insurance

Term · Insurance and risk management · MLC-T-INS-000979

Insurance provided by an organization owned and controlled by its policyholders, who are also its members. These members share in the profits and losses of the insurer, often receiving dividends or reduced premiums. This structure aligns the interests of the insurer with those of its policyholders, as seen in mutual insurance companies.

Table 1. Record
IdentifierMLC-T-INS-000979
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000979",
  "term": "Cooperative insurance",
  "field": "Insurance and risk management",
  "definition": "Insurance provided by an organization owned and controlled by its policyholders, who are also its members. These members share in the profits and losses of the insurer, often receiving dividends or reduced premiums. This structure aligns the interests of the insurer with those of its policyholders, as seen in mutual insurance companies.",
  "url": "https://mlchart.com/terminology/insurance/cooperative-insurance/"
}

Record 794 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.