| 11. | Previously when mutual companies wanted to sell shares, they had to divide the accumulated profits of the company among policyholders.
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| 12. | John Hancock's accumulated profits come to about $ 3.2 billion, according to Moody's Investors Service, which evaluates and rates insurers.
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| 13. | Traditionally, when insurers have switched to public ownership they have used their accumulated profits as a starting point in that calculation.
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| 14. | As part of the reorganization, 11 million Prudential policyholders are to share the company's accumulated profits of about $ 20 billion.
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| 15. | In the conversion, Prudential says it expects to distribute at least $ 12 billion in accumulated profits to 11 million policyholders.
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| 16. | This ?15 million reduction in its accumulated profits is believed to have been the result of the dividend payment to shareholders.
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| 17. | However, critics have alleged that Ambani accumulated profits over the years by using friends in government and political parties to extract favors.
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| 18. | As the owners of the mutual company, Prudential's 11 million policyholders will share roughly $ 20 billion in equity or accumulated profits.
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| 19. | John Hancock's accumulated profits come to about $ 3 . 2 billion, according to Moody's Investors Service, which evaluates and rates insurers.
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| 20. | A suit filed last month proposed to recapture a share of each company's accumulated profits that can be attributed to slave labor.
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