Mutul Mutual
 | |
Native name | Mutul Kuchal |
|---|---|
Romanized name | Mutul Mutual |
Formerly | Central Reinsurance Society |
| Public company | |
| Industry | Reinsurance |
| Founded | 1946 |
| Headquarters | , |
Area served | Mutul |
Key people | Jasaw Chan K'awiil V Wak Tun Chanil |
| Revenue | 945 million Solidus (2019) |
| 67 million Solidus | |
The Mutual Society of the Divine Kingdom (Mutli: కుచఖల ముతుల) commonly shortened as Mutul Mutual or MM in official documents written in Latin, is a Mutulese reinsurance enterprise founded in 1946 following the demand by Mutuleses companies and entrepreneurs of a better insurance coverage following the failure of Chel-mal Insurance in 1940, pushed to bankrupcy by its scandalous financial gestion which made it especially weak to the devastation brought by the two Belfro-Mutuleses wars and the Reze Flu Epidemy of 1940. The scandal was met by a proposal in 1941 by the Orientalist government for the creation of a central state-controlled reinsurance company, among other propositions. The idea was quickly taken over by the Ilok'tab Lineage and in 1946 the Central Reinsurance Society was created with Balankeh, elder daughter of the K'uhul Ajaw B'alam Chan Chak, as its first president. Remaining owned at 100% by the Divine Throne to this day, it possess a capital of 60 million USD and is currently part of the top 20 largest worldwide actors of the reinsurance industry.
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