Mutual insurance

Mutual insurance is a type of insurance where those protected by the insurance (policyholders) also have certain "ownership" rights in the 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 (or cooperative) structure. Recently, some insurance companies have gone through demutualization and become 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.[1]
Contents
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* 1 List of mutual insurance companies
o 1.1 Japan
o 1.2 United States
o 1.3 United Kingdom
* 2 List of demutualized insurance companies
o 2.1 Japan
o 2.2 South Africa
o 2.3 United Kingdom
o 2.4 United States
* 3 List of defunct mutual insurance companies
o 3.1 Japan
* 4 References
* 5 External links

[edit] List of mutual insurance companies

[edit] Japan

* Asahi Mutual Life Insurance Company
* 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

[edit] United States

* American Family Insurance
* Amica
* Boston Mutual
* COUNTRY Insurance & Financial Services
* CUNA Mutual Life Insurance Company
* FM Global
* Guardian Life
* Illinois Mutual
* Liberty Mutual
* Massachusetts Mutual Life Insurance Company
* Mutual of America
* Mutual of Omaha
* Nationwide Mutual Insurance Company
* New York Life
* North Carolina Mutual
* Northwestern Mutual Life
* Penn Mutual Life
* Physicians Mutual
* SBLI USA Mutual Life
* Security Mutual of NY
* Sentry Insurance
* Shelter Insurance
* State Farm Insurance
* Western & Southern

[edit] United Kingdom

* The Equitable Life Assurance Society
* NFU Mutual
* Royal London Mutual Insurance
* engage Mutual Assurance

[edit] List of demutualized insurance companies

[edit] Japan

* Daido Life Insurance Company
* The Kyoei Fire & Marine Insurance Co., Ltd.
* Mitsui Life Insurance Co., Ltd.
* Taiyo Life Insurance Company
* Yamato Life Insurance Company

[edit] South Africa

* Old Mutual

[edit] United Kingdom

* Friends Provident
* Scottish Widows
* Standard Life

[edit] United States

* John Hancock Mutual Life
* Metropolitan Life Insurance Company
* MONY (was Mutual of New York)
* Principal Financial Group
* Prudential Insurance

[edit] List of defunct mutual insurance companies

[edit] Japan

* Chiyoda Mutual Life Insurance Company
* Daihyaku Life Insurance Company
* Daiichi Mutual Fire & Marine Insurance Company
* Nissan Mutual Life Insurance Company
* Toho Mutual Life Insurance company
* Tokyo Mutual Life Insurance Company