DE_1609 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/DE 1609
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | DE_1609
|
| The country a linked concept is active or generally relevant for. Country scope | DE (Germany) |
| Language-specific name. Monolingual name | Versicherungsverein auf Gegenseitigkeit (de) |
| Language-specific main abbreviation. Monolingual main abbreviation | VVaG (de) |
| Informal and comprehensive human-readable definition of a concept. Description | A Versicherungsverein auf Gegenseitigkeit is a German mutual insurance association owned by its policyholders rather than by outside shareholders. Members are simultaneously customers and owners, and surpluses are used to improve cover or reduce premiums instead of paying dividends. It is supervised by the financial supervisory authority under the same prudential rules as other insurers. The form is traditional in health, life and regional property insurance. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | Insurance Company |
Mapped controlled vocabulary terms
| Category:ReferenceDataTerm | Technical name | Data source | Description | Parent concept |
|---|---|---|---|---|
| 13AV (LEI) | 13AV | LEI (data source) | Versicherungsverein auf Gegenseitigkeit (German) | EntityLegalFormCode (LEI) |
| Versicherungsverein auf Gegenseitigkeit (DE.RC) | Versicherungsverein auf Gegenseitigkeit | DE.RC (data source) | legalForm (DE.RC) |