Sigma No. 4/2016 - Mutual insurance in the 21st century: back to the future?

This Sigma reviews recent developments in the mutual insurance sector. Given their heterogenous nature, the analysis compares developments among different groups of mutual institutions to gain insight into the anatomy of the sector and how that has changed over the recent past. The study then discusses current challenges and opportunities for mutual insurers. In particular, it considers the ways that mutuals can increase their captial flexibility, the hurdles the sector must overcome...