Mutuals Look to the Future.(Brief Article)

The current trend of mutual companies converting to stock companies may soon stop or reverse, according to a recent report by Swiss Re in New York.

Converting to stock ownership has become more common in recent years for large mutual insurance companies. Competition and industry consolidation are behind the current wave of demutualization efforts, especially in the life/health sector. Mutual companies have been converting to stock ownership as a way to access capital for acquisitions and to provide management incentives.

Over the next three to five years, mo