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Author:
Paul, D R L; Eastwood, A M; Hare, D J P; Macdonald, A S; Muirhead, J R; Mulligan, J F; Pike, D M; Smith, E F
Source:
Journal of the Institute of Actuaries [JIA] (1991) 118: 400-403

Restructuring mutuals - principles and practice. [Summary of paper]

400 RESTRUCTURING MUTUALS—PRINCIPLES AND PRACTICE BY D. R. L. PAUL, B.Sc., F.F.A., A. M. EASTWOOD, M.A., F.F.A., D. J. P. HARE, B.Sc., Ph.D., F.F.A., A. S. MACDONALD, BSc., F.F.A., J. R. MUIRHEAD, B.Sc., F.F.A., J. F. MULLIGAN, B.Sc., F.F.A., D. M. ... read more >>

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Author:
Needleman, P D; Westall, G
Source:
Journal of the Institute of Actuaries [JIA] (1991) 118: 321-428

Demutualisation of a United Kingdom mutual life insurance company

The paper firstly examines the way in which UK mutuals operate and the forces which are leading mutuals to consider demutualisation. Demutualisation is normally accomplished by a Scheme of Transfer under Section 49 of the Insurance Companies Act 1982. The ... read more >>

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Author:
Needleman, P D; Westall, G
Source:
Transactions of the Faculty of Actuaries [TFA] (1992-1993) 43: 278-375

Demutualisation of a United Kingdom mutual life insurance company

The paper firstly examines the way in which UK mutuals operate and the forces which are leading mutuals to consider demutualisation. Demutualisation is normally accomplished by a Scheme of Transfer under Section 49 of the Insurance Companies Act 1982. ... read more >>

PDF file icon
Author:
Paul, D R L; Eastwood, A M; Hare, D J P; Macdonald, A S; Muirhead, J R; Mulligan, J F; Pike, D M; Smith, E F
Source:
Transactions of the Faculty of Actuaries TFA 43 (1992-1993) p.167-277

Restructuring mutuals - principles and practice

The background which might lead to a mutual life office to consider restructuring is given attention. It is stated that the reasonable expectations of policyholders must be the overriding guiding factor when considering restructuring and this aspect is ... read more >>