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'''Municipal Mutual Insurance''' (MMI) is an [[insurance company]] registered in the United Kingdom. It was established by [[Local government#United Kingdom|local authorities]], and was formally incorporated on 13 March 1903.<ref name=mmi/> |
'''Municipal Mutual Insurance''' (MMI) is an [[insurance company]] registered in the United Kingdom. It was established by [[Local government#United Kingdom|local authorities]], and was formally incorporated on 13 March 1903.<ref name=mmi/> |
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Over the following decades it became responsible for insuring most public sector bodies, including councils, [[police authority|police]] and [[fire authorities]].<ref>[https://books.google.com/books?id=Zj3HIxjy6f4C |
Over the following decades it became responsible for insuring most public sector bodies, including councils, [[police authority|police]] and [[fire authorities]].<ref>[https://books.google.com/books?id=Zj3HIxjy6f4C&dq=%22municipal+mutual+insurance%22+zurich&pg=PA143 Alison Kittrell, ''The Gallagher Way: A Corporate History of Arthur J. Gallagher & Co.'', iUniverse, 2005], {{ISBN|0595371140}}, p.143</ref> Between 1990 and 1992, the company suffered substantial losses, and its assets were reduced to below the minimum level for solvency.<ref name=mmi>[http://www.mminsurance.co.uk/index.htm Municipal Mutual Insurance homepage]. Accessed 14 November 2012</ref> In 1993, it was bought by [[Zurich Insurance]],<ref name=mmi/> although MMI itself continues to pay all its outstanding liabilities.<ref>[http://uk.marsh.com/ProductsServices/MarshSolutions/ID/22052/Municipal-Mutual-Insurance-Ltd.aspx Marsh UK: Municipal Mutual Insurance Ltd.]. Accessed 14 November 2012</ref> |
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==References== |
==References== |
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Latest revision as of 11:24, 17 March 2023
Municipal Mutual Insurance (MMI) is an insurance company registered in the United Kingdom. It was established by local authorities, and was formally incorporated on 13 March 1903.[1]
Over the following decades it became responsible for insuring most public sector bodies, including councils, police and fire authorities.[2] Between 1990 and 1992, the company suffered substantial losses, and its assets were reduced to below the minimum level for solvency.[1] In 1993, it was bought by Zurich Insurance,[1] although MMI itself continues to pay all its outstanding liabilities.[3]
References
[edit]- ^ a b c Municipal Mutual Insurance homepage. Accessed 14 November 2012
- ^ Alison Kittrell, The Gallagher Way: A Corporate History of Arthur J. Gallagher & Co., iUniverse, 2005, ISBN 0595371140, p.143
- ^ Marsh UK: Municipal Mutual Insurance Ltd.. Accessed 14 November 2012
External links
[edit]- MMI Annual Report and Accounts for the year ended 30 June 2012[permanent dead link]
- Report states Municipal Mutual Insurance sought to restrict child sex abuse inquiry
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