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.
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75%) of Joint Stock Company Intouch Insurance (RSA Russia) to Joint Stock Insurance Company BLAGOSOSTOYANIE for approximately 5m payable in cash.
About Southland National Insurance Corporation Southland National Insurance Corporation 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.
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.
In a mutual-holding-company conversion, the original mutual insurer becomes a stock insurance company that is wholly owned by a mutual holding company.
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.
In January of 2014, Medical Mutual converted its structure from a mutual to a stock insurance company and formed a mutual insurance holding company, Medical Mutual Holdings, in order to better maximize business opportunities and increase the overall value of membership in the company.