Kindlustus- ja edasikindlustusandjad, eriti vastastikused ja vastastikust tüüpi kindlustusandjad, peaksid saama kooskõlas ühenduse ja siseriikliku õigusega ühineda, koondudes või konsolideerimisgruppe moodustades, mitte kapitaliseoste, vaid liikmetevaheliste ametlike tugevate ja püsivate finantssidemete kaudu, mis põhinevad lepingulisel või muud tüüpi materiaalsel tunnustamisel, mis tagab nende kindlustusandjate vahelise vastastikuse rahalise toetuse.
Mutual entity - an entity other than an investor-owned entity, such as a mutual insurance company or a mutual cooperative entity, that provides lower costs or other economic benefits directly and proportionately to its policyholders or participants.
This Directive shall not apply to mutual undertakings which pursue non-life insurance activities and which have concluded with other mutual undertakings an agreement which provides for the full reinsurance of the insurance policies issued by them or under which the accepting undertaking is to meet the liabilities arising under such policies in the place of the ceding undertaking.
… within mutual insurance the contractual relationship of the insurer and the policyholder can be distinguished from the membership of the policyholder of the mutual insurer.
A mutual insurer is an insurer that is controlled and owned by its members = customers. It follows the principles of solidarity and sustainability.
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Traditionally, all clients (policyholders) of a mutual insurer are members; in some jurisdictions, however, mutual insurers also have policyholders who are not members. Typically, every member of the mutual has an equal vote in members’ meetings.
Subject to Community and national law, undertakings, in particular mutual and mutual-type associations, should be able to form concentrations or groups, not through capital ties but through formalised strong and sustainable relationships, based on contractual or other material recognition that guarantees a financial solidarity between those undertakings.
