It has $223 million of reserves, which would remain with the mutual insurance company.

Throughout the next 20 years, other mutual insurance companies were added to the group roster.

Equitable Life is one of the nation's remaining mutual insurance companies.

Such mutual insurance companies are formally owned by their policyholders.

Prudential, a mutual insurance company, insures the health of 25 million people.

A mutual insurance company, like Equitable, is owned by its policyholders.

With half a million as a starter, we can get plenty more investors interested in this new mutual insurance company.

My mutual insurance company keeps its reserves at least partly invested in stock.

The company operates in 12 midwestern states reinsuring 264 mutual insurance companies.

Since the partners are mutual insurance companies, the deal is also subject to approval by their policyholders.

It was established as a mutual insurance company.

About 75 percent of the company's earnings are from managing three mutual insurance companies owned by policyholders, he said.

Some mutual insurance companies make this claim explicitly.

In exchange, the policyholders give up their ownership in the mutual insurance company.

As an illustration - Some time ago I had a with-profits policy with a mutual insurance company.

The major disadvantage of the mutual insurance companies is the difficulty of raising capital.

Reciprocals are sometimes confused with incorporated mutual insurance companies.

They established their own mutual insurance company.

New York Life, with about $90 billion in assets, is a mutual insurance company owned by its policyholders.

He said MetLife grew fat as a mutual insurance company and had room to reduce costs.

He worked with the Penn Mutual Insurance Company for 42 years.

A reciprocal inter-insurance exchange is not a "mutual insurance company", which are generally "incorporated".

It is also the headquarters of the Motorists Mutual Insurance company.

The building is now owned by the Principal Mutual Insurance Company.

Similarly, how might we characterize an insurance business that is owned by its clients, as in the case of a mutual insurance company?