Livvy

How Mutual Companies Work.



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A mutual company is a corporation that is owned by its policyholders. The policyholders elect a board of directors, and the board hires management to run the company. The board is responsible for ensuring that the company is run in the best interests of the policyholders. Mutual companies are different from stock companies in a … Read more

What is arbitration?



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Arbitrage in economics is defined as the purchase and sale of products in different markets through the combination of offers, taking advantage of the price difference to obtain benefits. In financial arbitration, a series of simultaneous operations and transactions are carried out that make the acquisition and sale of the products take place at the … Read more