When a mutual insurer becomes a stock company, the process is called

When a mutual insurer becomes a stock company, the process is called


A) Mutualization
B) Demutualization
C) Reinsurance
D) Reorganization


Answer: B) Demutualization

Popular posts from this blog

In insurance,

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need: