Mutual insurance

A mutual insurance company is an insurance company that is owned by its customers.^[1] If the company is profitable, the profits are returned to the customers. This is different from other insurance companies, which are public companies.^[2]

References

↑ Mutual Benefits Assurance PLC. www.bloomberg.com. Retrieved 2021-06-15.
↑ Mutual Insurance Company - Overview, History, How It Works (in en-US). Corporate Finance Institute. Retrieved 2021-06-15.

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[1] Mutual Benefits Assurance PLC. www.bloomberg.com. Retrieved 2021-06-15.

[2] Mutual Insurance Company - Overview, History, How It Works (in en-US). Corporate Finance Institute. Retrieved 2021-06-15.

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