January 29, 2007
Demutualization is the conversion of an insurance company from a mutual company that is owned by its policyholders to a publicly traded company that is owned by stockholders.
www.tcais.org/insurance/glossary.php
{www.claims-info.com} - A reorganization, in which a mutual insurance company becomes a stock company. This is accomplished through the payment of stock or cash to policyholders upon the discontinuation of the mutual company. Demutalization has no impact on the actual insurance policy.
www.maine.gov/treasurer/unclaimed_property/glossary/
The act of moving from a non-profit, non-share capital corporation incorporated by special statute to a shareowner based, for-profit corporation.
www.msc.gov.mb.ca/education/glossary.html
The process through which a member-owned company becomes shareholder-owned; frequently this is a step toward the initial public offering (IPO) of a company. Insurance companies often have the word "mutual" in their name, when they are mutually owned by their policy holders as a group. In recent years, however, there has been a strong trend for these companies to demutualize, converting to a shareholder ownership base. …
www.primode.com/glossary.html
(Démutualisation) Demutualization is the process by which a mutual life insurance company is converted into a company with common shares. A mutual company is owned by its participating policyholders, but the ownership rights are not tradable or exchangeable. Under the process of demutualization, common shares are issued to eligible participating policyholders who then have the opportunity to retain or sell the shares.
patrick-bouteculet.tripod.com/ED.html
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