Mutual holding company system definition

Mutual holding company system means the structure resulting
Mutual holding company system means the structure resulting from the simultaneous formation of a mutual holding company with a reorganized insurer in connection with the mutualization and reorganization of a health service corporation.
Mutual holding company system means the structure resulting from the simultaneous formation of a mutual holding company and subsidiary legacy stock insurer in connection with the mutualization of a health service corporation, with the business of the health service corporation related to the policies directly written and issued by the health service corporation being continued by the subsidiary legacy stock insurer (former health service corporation).

Related to Mutual holding company system

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Company Systems means the computer systems, servers, hardware, software, websites, networks, servers, workstations, and all other physical or virtual information technology equipment owned or controlled by the Company or any of the Company Subsidiaries.

  • Alliance means the Public Service Alliance of Canada;

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.