What is the Definition of Demutualization?
The conversion of insurance companies from mutual companies owned by their policyholders into publicly traded stock companies.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Insurance?
What is the Definition of Demutualization?
Check out other definition of insurance terms below:
What is the Meaning of ANNUAL ANNUITY CONTRACT FEE In Insurance Terms?
Covers the cost of administering an annuity contract.
What is the Meaning of ANNUAL STATEMENT In Insurance Terms?
Summary of an insurer’s or reinsurer’s financial operations for a particular year, including a balance sheet. It is filed with the state insurance department of each jurisdiction in which the company is licensed to conduct business.
What is the Meaning of ANNUITANT In Insurance Terms?
The person who receives the income from an annuity contract. Usually the owner of the contract or his or her spouse.
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