The Corporate Structure of Mutual Insurers Has Changed in Recent

question 47

Multiple Choice

The corporate structure of mutual insurers has changed in recent years.All of the following are examples of significant changes EXCEPT

• A)demutualization of some insurers.
• B)sharp increase in the number of mutual insurance companies.
• C)increase in company mergers.
• D)formation of mutual holding companies.

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Definitions:

Self-Determination

The process by which a person controls their own life, or the power of a country to control its own government.

Cultural Heritages

The legacy of physical artifacts and intangible attributes of a group or society inherited from past generations, including customs, practices, places, objects, artistic expressions, and values.

Obesity

A medical condition characterized by excessive body fat accumulation, which poses a risk to health.

Caucasian

A term historically used to describe a race or group of peoples from a broad region including Europe, North Africa, the Horn of Africa, Western Asia, Central Asia, and South Asia.