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
|
| Code for a legal form which is defined by the ISO standard ISO 20275:2017. ELF code (ISO 20275) | 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 mutual insurance company is owned by its policyholders rather than external shareholders, operating to provide insurance coverage while returning surplus premiums as dividends or reduced rates to member-owners. In Germany it is a traditional form for insurance providers emphasizing member benefit and long-term stability, particularly common among health insurers, agricultural cooperatives and regional property insurers serving specific communities or professions. |
| 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) |