BIM24150 - Meaning of trade: mutual trading and members clubs: non-mutual insurance trading activities: contents

Introduction and layout of guidance

As explained in BIM24001 there have historically been three separate strands to the umbrella topic of mutual trading:

  • mutual insurance
  • other trading activities, and
  • social and recreational activities.

»Ê¹ÚÌåÓýapp first two involve mutual trading whereas the third category strictly does not. »Ê¹ÚÌåÓýapp guidance also follows this approach. Guidance on mutual insurance is in the General Insurance Manual at GIM9000 onwards. »Ê¹ÚÌåÓýapp following guidance covers:

  1. BIM24155
    Non-mutual insurance trading activities: corporation water works
  2. BIM24160
    Non-mutual insurance trading activities: corn trading association