| 单词 | mutual insurer |
| 释义 | mutual insurer in Insurance (myutʃuəl ɪnʃʊərər) Word forms: (regular plural) mutual insurers noun (Insurance: General) mutual, mutual insuranceA mutual insurer is an insurance company which is owned by its members or policyholders rather than by shareholders. If at the end of the fiscal year the mutual insurer declares a profit, the profit is shared amongst all the policyholders. Participating policyholders of a mutual insurer receive all the profits and other benefits of ownership. A mutual insurer is an insurance company which is owned by its members or policyholders rather thanby shareholders. |
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