What type of insurer is an insurance company owned by investors called shareholders?

An insurance company owned by investors, referred to as shareholders, is known as a stock insurer. This type of insurer operates for profit and issues shares of stock, which are owned by its shareholders. The goal of these shareholders is typically to earn a return on their investment through the company's profitability, often reflected in dividends and an increase in stock value. In contrast to mutual insurers, which are owned by policyholders, stock insurers prioritize the interests of their shareholders in their operations and decision-making processes. This structure impacts how the company is governed and can influence its product offerings and pricing strategies.