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medulla medulla
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6 years ago
The term "demutualization" refers to:
A) the process of a stock insurer converting its organizational structure to mutual
B) the board of directors' action in declaring dividends for the policy owners
C) the process of a mutual insurer converting its organizational structure to the stock form
D) the process of liquidating an insolvent mutual insurance company
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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giddugiddu
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6 years ago
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