Mutual Life-Assurance Company

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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 ?

11 October 2016 - Pennsylvania-based life insurance provider The Penn Mutual Life Insurance Company has agreed to merge with Connecticut-based insurance provider Vantis Life Insurance Company, the company said.

Penn Mutual to Acquire Connecticut-based Vantis Life Insurance

Those conversions began with MONY Group (formerly Mutual Life Insurance Company of New York).

The Second Wave

a real estate operating company specializing in the ownership of free-standing movie theater properties and theater-anchored retail centers, has announced that Northwestern Mutual Life Insurance Company has taken a significant equity stake in the company.

Northwestern Mutual takes equity stake in Theatreplex

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.

The Penn Mutual Life Insurance Company Maintains Dividend Scale for 2013

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.

2 new leases at 100 Park

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 Maintains Dividend Scale for Fifth Consecutive Year

has withdrawn the financial strength rating (FSR) of C++ (Marginal) and issuer credit rating (ICR) of "b+" of Unity Mutual Life Insurance Company (Unity Mutual) (Syracuse, NY), following the legal merger on July 1, 2011, with and into Columbian Mutual Life Insurance Company (Columbian Mutual) (Binghamton, NY).

A.M. Best Withdraws Ratings of Unity Mutual Life Insurance Company Following Legal Merger

The Penn Mutual Life Insurance Company on June 24 entered into an agreement to issue $200 Million in fixed-rate, 30-year surplus notes.

Penn Mutual Issues Surplus Notes

The Penn Mutual Life Insurance Company is pleased to announce that Eileen McDonnell has been named President of the 163-year old company.

The Penn Mutual Life Insurance Company Names Eileen McDonnell President

The Penn Mutual Life Insurance Company announces its new Guaranteed Protection Universal Life product, designed to offer clients affordable, permanent guaranteed death benefit protection and increased cash accumulation that provides added flexibility.

The Penn Mutual Life Insurance Company Introduces Guaranteed Protection Universal Life

The Penn Mutual Life Insurance Company has announced its support of Life Insurance Awareness Month (LIAM), by encouraging families and business owners to take stock of their life insurance and know what to do should the unexpected occur.

Your Family's Future Financial Security -- a Dream Worth Planning For

The Penn Mutual Life Insurance Company (Penn Mutual), the country's second-oldest mutual life insurance company is celebrating 160 years in business.

Penn Mutual Life Insurance Company Celebrates 160 Years by Continuing Its Tradition of Providing Consumers with Innovative Products to Meet Their Changing Needs