mutual insurance companies News

Mutual Insurers Regain Some Global Market Share, but Threats Remain: Swiss Re

Mutual insurance companies have gained back some of the global market share they lost due to demutualizations in recent years. Those gains are threatened, however, by new financial regulations, changes in corporate governance and new technology, Swiss Re said in …

How P/C Mutual Insurers Perform Compared to P/C Industry

Mutual property/casualty insurers tend to underperform the property/casualty insurance industry as a whole in several areas of performance, a new report says. However, the A.M. Best report notes, the mission of a mutual insurance company can be very different from …

Joplin Tornado Spurs Change in Missouri Mutual Insurance Rules

State regulators say mutual insurance companies that provide property coverage to rural Missourians will be financially stronger because of a new reinsurance requirement. Missouri Department of Insurance reports that a new state regulation requires each farm mutual to carry enough …