Mutual Insurance Companies
[Versicherungsverein auf Gegenseitigkeit (VVaG)]

The SIGNAL IDUNA Group has a cooperative orientation. Its ultimate parent companies are operated in the legal form of a "mutual company"  [Versicherungsverein auf Gegenseitigkeit] as defined under German law.

SIGNAL Krankenversicherung a. G., IDUNA Vereinigte Lebensversicherung a. G. für Handwerk, Handel und Gewerbe, 
SIGNAL Unfallversicherung a. G. and Deutscher Ring Krankenversicherungsverein a.G. are the SIGNAL IDUNA Group's parent companies. They head the Group, define its orientation in the market and decide its business policies.

The characteristic features of a mutual company are:

• its autonomy and independence, especially from outside capital interests,
• its ability to focus its earnings and profit-sharing policies on its members' interests,
• its members - meaning the insured - have a guaranteed right under the articles of association to be represented and have a voice in the company's orientation.

As a corporate group identified as a mutual company, SIGNAL IDUNA faithfully complies with these principles.

Mutual companies are not capital corporations. For that reason, they have only limited options for raising funds by borrowing. SIGNAL IDUNA has financed most of its equity capitalization itself. Thanks to years of steady risk provisioning in this area, the Group has above-average solvency in every segment.