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Insurance Glossary

Mutual insurance

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Mutual insurance is a type of insurance where those protected by the insurance (policyholders) also own the organization. Historically most insurance companies began with the mutual (or cooperative) structure, but many have gone through demutualization and become public companies.

List of mutual insurance companies

Japan

  • Asahi Mutual Life Insurance Company
    The Dai-ichi Mutual Life Insurance Company
    Fukoku Mutual Life Insurance Company
    Meiji Yasuda Life Insurance Company
    Nippon Life Insurance Company
    Sumitomo Life Insurance Company

United States

  • American Family Insurance
    Boston Mutual
    CUNA Mutual Life Insurance Company
    Guardian Life
    Illinois Mutual
    Liberty Mutual
    Massachusetts Mutual Life Insurance Company
    Mutual of America
    Mutual of Omaha
    Nationwide Mutual Insurance Company
    New York Life
    North Carolna Mutual
    Northwestern Mutual Life
    Penn Mutual Life
    Physicians Mutual
    SBLI USA Mutual Life
    Security Mutual of NY
    State Farm Insurance

List of demutualized insurance companies

Japan

  • Daido Life Insurance Company
    The Kyoei Fire & Marine Insurance Co,. Ltd.
    Mitsui Life Insurance Co,. Ltd.
    Taiyo Life Insurance Company
    Yamato Life Insurance Company

South Africa

  • Old Mutual

United States

  • John Hancock Mutual Life
    Metropolitan Life Insurance Company
    MONY
    Principal Financial Group
    Prudential Insurance

List of defunct mutual insurance companies

Japan

  • Chiyoda Mutual Life Insurance Company
    Daihyaku Life Insurance Company
    Daiichi Mutual Fire & Marine Insurance Company
    Nissan Mutual Life Insurance Company
    Toho Mutual Life Insurance company
    Tokyo Mutual Life Insurance Company

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