Stock insurance company

Stock insurance company

An insurance company owned by a group of stockholders, who are not necessarily policyholders.

Stock Insurance Company

A publicly-traded insurance company. Shareholders in a stock insurance company may be, but are not necessarily, policyholders.
Mentioned in ?
References in periodicals archive ?
When a mutual holding company is created, policyholders receive neither cash nor stock of the new stock insurance company," said Joseph M.
While Lemonade's parent company might be a B Corp, its insurance company is a standard stock insurance company.
is a stock insurance company within the Eli Global group of companies with 100% of the stock owned by Southland National Holdings, LLC.
Open joint stock insurance company Alskom launched an electronic shop to implement insurance policies.
This is in contrast to a stock insurance company, which is owned by its shareholders.
The cost of this advantage, however, is a worsened incentive problem between the owners and managers of the firm as compared to the stock insurance company.
The nation's largest African American-owned, privately-held stock insurance company and one of the nation's foremost insurance groups have formed a strategic alliance, and it spells success.
State laws generally recognize that control of a stock insurance company is held by any person or group of persons acting in concert who hold more than 10 percent of the outstanding stock.
plans to change its status from a mutual insurance company owned by policyholders to a stock insurance company owned by shareholders in April 2002 and to then seek a listing, company officials said Tuesday.
A rent-a-captive is typically a stock insurance company in an offshore captive domicile such as Bermuda, the Caymans, Barbados, Luxembourg or Dublin.
During second quarter 2009, the policyholders of TWMIC voted in favor of a conversion from a mutual insurance company to a stock insurance company within a mutual holding company structure, and the company name was changed to Tuscarora Wayne Insurance Company.