A Statute for European Mutual Societies: European Added Value Assessment

15-01-2013

This European Added Value assessment aims at pointing out the main benefits of a statute for a European mutual society from a social, economic and legal perspective. It is calculated that today mutual societies provide healthcare and social services to 230 million European citizens and represent about 180 billion euros in insurance premiums. Almost 70% of the total number of insurance companies in Europe are mutual societies. There is a nearly unanimous agreement among stakeholders that a statute for European mutuals would increase the visibility and the recognition of mutual societies at European level and would unfold for them the advantages of the internal market.

This European Added Value assessment aims at pointing out the main benefits of a statute for a European mutual society from a social, economic and legal perspective. It is calculated that today mutual societies provide healthcare and social services to 230 million European citizens and represent about 180 billion euros in insurance premiums. Almost 70% of the total number of insurance companies in Europe are mutual societies. There is a nearly unanimous agreement among stakeholders that a statute for European mutuals would increase the visibility and the recognition of mutual societies at European level and would unfold for them the advantages of the internal market.