MLchartDataset catalogue

Mutualization

Term · Insurance and risk management · MLC-T-INS-002263

The process by which a stock insurance company, owned by shareholders, converts into a mutual insurance company, owned by its policyholders. This transformation involves buying out the existing shareholders and re-establishing the company's governance structure. The policyholders then gain voting rights and a share in the company's surplus.

Table 1. Record
IdentifierMLC-T-INS-002263
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002263",
  "term": "Mutualization",
  "field": "Insurance and risk management",
  "definition": "The process by which a stock insurance company, owned by shareholders, converts into a mutual insurance company, owned by its policyholders. This transformation involves buying out the existing shareholders and re-establishing the company's governance structure. The policyholders then gain voting rights and a share in the company's surplus.",
  "url": "https://mlchart.com/terminology/insurance/mutualization/"
}

Record 2,229 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.