MLchartDataset catalogue

Mutual company

Term · Insurance and risk management · MLC-T-INS-002260

An insurance company that is owned by its policyholders rather than by shareholders. Policyholders typically receive dividends based on the company's financial performance and have voting rights in the company's governance. The primary objective of a mutual company is to provide insurance at the lowest possible cost to its members.

Table 1. Record
IdentifierMLC-T-INS-002260
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002260",
  "term": "Mutual company",
  "field": "Insurance and risk management",
  "definition": "An insurance company that is owned by its policyholders rather than by shareholders. Policyholders typically receive dividends based on the company's financial performance and have voting rights in the company's governance. The primary objective of a mutual company is to provide insurance at the lowest possible cost to its members.",
  "url": "https://mlchart.com/terminology/insurance/mutual-company/"
}

Record 2,249 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.