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
- 1 2 3 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
- MMI Annual Report and Accounts for the year ended 30 June 2012
- Report states Municipal Mutual Insurance sought to restrict child sex abuse inquiry
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