(Insurance) a system of insurance by which all policyholders become company members under contract to pay premiums into a common fund out of which claims are paid. See alsomutual3 Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 19...
convert to a plc - with the windfalls that would bring.However, about two-thirds of the letters received last week wanted Standard Life to remain a mutual, owned by its policyholders.Crucially, many readers are undecided with about one in three saying they had yet to make up their minds....
The insurer was corporatized in 2022, but almost 73% of the firm is owned by NTUC Enterprise, a holding cooperative. When Income changed its status, the government allowed it to move a surplus worth 2 billion Singapore dollars ($1.48 billion) to the new corporate entity, rather than be ...
4) Fire and malicious damage cover will no longer be needed, as personal and business vehicle ownership is increasingly replaced by manufacturers supplying 'vehicles as a service'; 5) With the majority of vehicles still being owned by manufacturers, those manufacturers will increasingly self-insure ...
convert to a plc - with the windfalls that would bring.However, about two-thirds of the letters received last week wanted Standard Life to remain a mutual, owned by its policyholders.Crucially, many readers are undecided with about one in three saying they had yet to make up their minds....
Policyholders at Indonesia’s state-owned PT Asuransi Jiwasraya are looking to the government to rescue the scandal-hit insurer, which has uncovered a $2 billion hole in its books. The crisis affects 17,000 buyers of investment products and 7 million clients, and … Apollo’s Life Insurance...
Department, its employees, and officers shall be named as an additional insured on any automobile insurance policy. The minimum limits shall be as follows: $200,000/300,000 Automobile Liability for Company-Owned Vehicles, if applicable $200,000/300,000 Hired and Non-owned Automobile Liability ...
According to EIG Executive Vice President for Corporate and Public Affairs Ann Nelson, the plan will give management more flexibility and will not hurt policyholders because the market for workers' compensation is very competitive.年份: 2007
In its defense, Weijie Investment argued that it found out after the agreement was signed that Tiance Industrial was not the real owner of the shares in dispute. Essentially, the case involved a complicated web of transactions that left open questions about who actually owned the shares in...
NO. Standard Life is owned by its 2.6 million with-profits policyholders and conversion will happen only if 75 per cent of those voting support the idea.Surveys last year by independent agencies on Standard Life's behalf suggested only 20 per cent wanted demutualisation.What are the ...