Mutual Life-Assurance Company

(redirected from Mutual Life Insurance Company)
Also found in: Wikipedia.

Mutual Life-Assurance Company

A life insurance company owned by its own policyholders. That is, policyholders elect the board of directors, and profits, if any, are distributed to policyholders each year in proportion to their individual exposures to the company. Many insurance companies are structured in this way.
References in periodicals archive ?
6 /PRNewswire/ -- The Mutual Life Insurance Company of New York (MONY) today announced that, as part of its plan to convert to stock ownership, it has entered into an investment agreement with investment funds affiliated with Goldman, Sachs & Co.
Goodkind, Labaton, Rudolf & Sucharow, a law firm, signed for 37,500 square feet while Massachusetts Mutual Life Insurance Company inked a 13,000-square-foot agreement.
The Penn Mutual Life Insurance Company is pleased to announce that its board of trustees has approved a 2013 dividend award that maintains the same dividend scale as its 2012 award, allowing for equitable dividends for qualifying policyholders.
Fitzgerald has been appointed President and Chief Executive Officer of MassMutual International, the international subsidiary of Massachusetts Mutual Life Insurance Company.
The Penn Mutual Life Insurance Company is pleased to announce that its board of trustees has approved a 2012 dividend award that maintains the same dividend scale as its 2011 award, allowing for competitive and equitable dividends for qualifying policyholders.
The Penn Mutual Life Insurance Company on June 24 entered into an agreement to issue $200 Million in fixed-rate, 30-year surplus notes.
has placed the "AA-" (Double-A-Minus) claims paying ability ratings of Connecticut Mutual Life Insurance Company and C.
The Penn Mutual Life Insurance Company is pleased to announce that Eileen McDonnell has been named President of the 163-year old company.
June 16 /PRNewswire/ -- Massachusetts Mutual Life Insurance Company and Connecticut Mutual Life Insurance Company today announced that they are engaged in discussions regarding the possibility of a merger of the two firms.
The Penn Mutual Life Insurance Company (Penn Mutual), the country's second-oldest mutual life insurance company is celebrating 160 years in business.
HARTFORD, March 9 /PRNewswire/ -- Mark DiTondo, a former Assistant General Agent with Connecticut Mutual Life Insurance Company has been promoted to General Agent in the company's Providence agency.
Full browser ?