News

CME CEO Terry Duffy took the stand today to defend the exchange’s Aurora data center in a $2.1 billion lawsuit brought by ...
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 ...
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 ...
The demutualization plan was approved in December 1999. At the request of the insurance company, the IRS ruled in Private Letter Ruling 200020048 that because their ownership rights could not be ...
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 ...
Demutualization regulations for life insurance companies were released in 1999, which resulted in four major demutualizations, including Sun Life and Manulife.
Probably most people don't know that when they buy insurance from a mutual insurance company they become a part owner of the firm."I wa ...
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 ...
NEW YORK (CBS.MW) -- Disclosures over the $140 million pay package for New York Stock Exchange Chairman Richard Grasso are prompting calls for the demutualization of the Big Board, the Financial ...