Husband-and-wife taxpayers had no basis in stock they received as holders of life insurance policies issued by companies that converted from mutual companies to stock corporations, the Ninth Circuit ...

Two district courts reached opposite conclusions on whether stock received by policyholders in connection with demutualization of insurance companies had a cost basis greater than zero. They agreed, ...

Five of the largest U.S. life insurers and 10 others with total assets in 2003 of $775 billion demutualized between 1997 and 2001. Reasons for the increased pace of demutualization include greater ...

Insurance company demutualizations became popular in the late 1990s. Facilitated by revised state laws, mutual insurance companies were attracted to conversion to stock companies for the same reasons ...

Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. Investopedia / Jiaqi ...

Demutualization transforms customer-owned private firms into public companies with tradable shares. Stock or cash compensation is offered to original owners during demutualization. Demutualization may ...

This study examines the wealth effect of demutualization initial public offerings (IPOs) by investigating underpricing and postconversion long-run stock performance. Our results suggest that there is ...

Economical Insurance says it will pursue becoming a publicly traded company, the first mutual property and casualty (P&C) insurer to make such a move under new demutualization rules. Waterloo, ...

While sections 268 to 279 of the Amended Insurance Code provide for the rules on the mutualization of stock life-insurance companies, Section 280 pertains to the demutualization of mutual ...

Years after its local rivals cashed in during a Wall Street boom, the Chicago Board Options Exchange has finally gotten on track for demutualization, setting the stage for a potential initial public ...

The Nigerian Stock Exchange recently concluded its demutualization process, creating a new holding company and moving toward its vision of becoming Africa’s leading capital market infrastructure ...