On the endangered list?
Mutuals are beginning to look like an endangered species, with their market share declining in both life and general insurance business over recent years. However, they will retain important segments - even when the surge of demutualisations has passed, predicts Peter Falush.
The last decade has seen major changes in the ownership pattern of UKfinancial institutions, including a wave of mergers and
demutualisation.
Banks, building societies, as well as insurers
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