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And the losses they did incur "are not necessarily because of the mutual structure".Some have stumbled.
Would I want him working for me?' " Like several of its biggest rivals, John Hancock is racing to throw off a crucial handicap: its mutual structure.
The three biggest, the London Stock Exchange (LSE), Deutsche Börse and Euronext (the merger of the Paris, Amsterdam and Brussels bourses), have just shed their mutual structure.
Hence the buzz surrounding both companies' plans to abandon their mutual structure and convert to companies listed in London and Johannesburg.
"Going Public Amid Sharks" (Jan . 23, which looked at possible mergers involving insurers, is based on the assumption that a mutual structure itself is weak and limiting for an insurance company.
But, if run efficiently, a mutual structure can provide much more value and affordable coverage for its policyholders than a stock company, which must satisfy a market return to stockholders before policyholders can share in its success.
Similar(49)
And that none of this would be covered by the, essentially the mutually -- the mutual deterrence structure of the A.B.M. treaty and all the things we've done since then.
"The only way anyone can really compete with us on costs is to adopt a mutual ownership structure," he says.
Nasdaq has troubles of its own: it is losing market share to electronic networks, it has been forced to delay switching to trading in decimal points (from sixteenths) and, unlike London and Frankfurt, it has not yet changed its cumbersome mutual ownership structure.
The specific schematic contains mutual inductor structure, which is realized by making two planar spiral inductors to partially overlap with each other and is helpful to decrease the size of the filter.
The mutual inhibition structure plays an important role.
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