Research On Mutual Insurance Company Form

On the now world insurance market, mutual insurance company and stock insurance company co-exist. This paper firstly analyzes mutual form in economic. Then the paper explains the content, position and characteristics of the mutual insurance company. Mutual insurers and stock insurers are compared from property rights, corporate governance, performance/efficiency, investment, risk control, solvency, and distribution system aspects. We find mutual insurance company and stock insurance company have each other's comparatively advantage and mutual insurance company is a kind of mature and efficient firm. Waves of demutualization and mutualization are analyzed. Though Mutual insurance company has been the history of more than 200 years abroad, it's still fresh to China. Whether Mutual insurance company can be applied in China? The paper analyzes advantageous factors and disadvantageous factors for mutual insurance companies applied in China are analyzed. Finally, some policy and suggestion to develop mutual insurance companies in China are given.