Every March millions of fans flock to Arizona and Florida and it’s not just because of the weather conditions. In fact it has little to do with the weather. 1,568 more words
Tags » Mutuals
Written in mid-2013 I was compelled to pen this article as I witnessed the Coalition Government’s creation of public-service mutuals going awry, with many of the new mutuals created resembling private sector businesses rather than the employee-owned and run organisations that had been mooted. 458 more words
There’s a mucky little story about what is happening to one of the government’s so-called ‘mutuals’ in today’s Financial Times.
The privatisation of the Civil Service pension administration to a new ‘mutual joint venture’ known as MyCSP was always a controversial affair, as I… 108 more words
It’s easy to speculate that the rating agencies might not give a Mutual (or cooperative) insurer the credit they deserve in the rating process; that an agency may appear more familiar or comfortable with listed shareholder (stock) companies and that a shareholder company capital structure and profit mentality will drive better ratings. 1,350 more words