Municipal Mutual Insurance
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. Over the following decades it became responsible for insuring most public sector bodies, including councils, police and fire authorities. Between 1990 and 1992, the company suffered substantial losses, and its assets were reduced to below the minimum level for solvency.Municipal Mutual Insurance homepage
Accessed 14 November 2012 In 1993, it was bought by

Insurance Company
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Local Government
Local government is a generic term for the lowest tiers of governance or public administration within a particular sovereign state. Local governments typically constitute a subdivision of a higher-level political or administrative unit, such as a nation or state. Local governments generally act within the powers and functions assigned to them by law or directives of a higher level of government. In Federation, federal states, local government generally comprises a third or fourth level of government, whereas in unitary states, local government usually occupies the second or third level of government. The institutions of local government vary greatly between countries, and even where similar arrangements exist, country-specific terminology often varies. Common designated names for different types of local government entities include county, counties, districts, city, cities, townships, towns, boroughs, Parish (administrative division), parishes, municipality, municipalities, mun ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Police Authority
A police authority in the United Kingdom was a public authority that is responsible for overseeing the operations of a police force. The nature and composition of police authorities has varied over time, and there are now just four dedicated "police authorities" in the United Kingdom, although the term can refer to various similar successor bodies. Until 2012/13, individual police authorities were maintained for each of the 43 territorial police forces in England and Wales, and for the 8 territorial police forces in Scotland. Police authorities in England and Wales were abolished in November 2012, and replaced with directly elected police and crime commissioners, and those in Scotland were merged in April 2013 to form the Scottish Police Authority as part of the creation of Police Scotland, the single police force for Scotland. The Police Service of Northern Ireland is overseen by the Northern Ireland Policing Board, and two of the three UK-wide special police forces continue to ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Fire Authorities
In England and Wales a fire authority or fire and rescue authority is a statutory body made up of a committee of local councillors which oversees the policy and service delivery of a fire and rescue service. Prior to the Fire Services Act 2004 many fire and rescue authorities were known as fire and civil defence authorities; this designation is no longer used. A combined fire authority (CFA) is one created by a statutory instrument to cover more than one local authority area. Usually each of the constituent local authorities appoints a fixed number of members of the CFA, depending on their relative populations. Constitution A fire authority is made up of either councillors, officers or representatives from the local principal councils in the geographical area that the fire service operates. In the case of the London Fire and Emergency Planning Authority, there is an additional layer of governance above in the form of the London Assembly. The responsible central government depa ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Zurich Insurance
Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. the group is the world's 98th largest public company according to ''Forbes'' Global 2000s list, and in 2011, it ranked 94th in Interbrand's top 100 brands. Zurich is a transnational company, global insurance company which is organized into three core business segments: General Insurance, Global Life and Farmers. Zurich employs 55,000 people, with customers in 215 countries and territories. The company is listed on SIX Swiss Exchange. it had a shareholders' equity of $34.494 billion.ZIG profile
, zurich.com; accessed 27 April 2014.

Company history

Zurich Insurance Company (1872–1998)

The company was founded in 1 ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Financial Services Companies Established In 1903
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and prof ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Insurance Companies Of The United Kingdom
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]