Allianz and the German Insurance Business, 1933-1945 by Gerald D. Feldman

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By Gerald D. Feldman

Gerald Feldman's heritage of the the world over favorite coverage company Allianz AG within the Nazi period relies principally on new or formerly unavailable archival resources, making this a extra actual account of Allianz and the boys who directed its enterprise than was once ever prior to attainable. Feldman takes the reader via diversified situations of collaboration and clash with the Nazi regime with equity and a dedication to proficient research, pertaining to problems with damages within the Pogrom of 1938, insuring amenities utilized in pressured hard work camps, and the issues of denazification and restitution. the wider matters tested during this study--when cooperation with Nazi rules used to be obligatory and while it used to be complicit, the way revenue, ideology, and opportunism performed a task in company choice making, and the query of ways Jewish coverage resources have been expropriated--are really appropriate this day given the continuing foreign debate approximately restitution for Holocaust survivors. This e-book joins a starting to be physique of scholarship in accordance with open entry to the documents of German organizations within the Nazi period. Gerald D. Feldman is Professor of background on the college of California at Berkeley. His booklet, the nice illness (Oxford, 1993) acquired the DAAD ebook Prize of the German ancient organization and the e-book Prize for relevant ecu heritage from the yank ancient organization. He used to be an invited specialist on the London Gold convention in December 1997 and on the U.S. convention on Holocaust resources in Washington, D.C. in December 1998 and served as an consultant to the Presidential Commision on Holocaust resources within the usa.

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Extra resources for Allianz and the German Insurance Business, 1933-1945

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Munich Re agreed not to establish any daughter companies in insurance branches in which Allianz was active, and such daughter companies of Munich Re as already existed would be transferred to Allianz in order to promote the concentration of Allianz’s activities. , coverage for liability and other forms of insurance for damages that exceeded normally anticipated risk or whose risk could not be easily calculated because of the newness of the insurance involved) to Munich Re. The obligation to cede business to Allianz was to extend to any new mergers or participations on the part of Allianz, while Munich Re agreed to pay for half of such cessions.

For Hilgard, of course, this was a rather extraordinary advancement within a matter of a few months, and the fact that Hilgard now accompanied Schmitt to supervisory board meetings (along with Heß) and had such a close relationship to the general director was probably rather difficult for the older directors to swallow. Heß was apparently not disturbed by Hilgard’s position, but it is interesting to note that Schmitt’s advancement of Hilgard puzzled the latter, whose reflections (more than forty years later) provide some interesting insights into the personalities and characters of these three key individuals in the history of Allianz: I have often asked myself what was basically the reason for this way of acting on the part of Schmitt.

4, 1929, HADB, S238. Justizrat Heilbrunn at the Creditors meeting on Jan. 15, 1930, HADB, S245. Aktennotiz vom 30. Jan. 1930, HADB, S241. The agreements are to be found in HADB, S233. 26 Allianz and the German Insurance Business, 1933–1945 initiative and whose sheer strength had made it possible to provide the surest and most speedily implementable alternative to bankruptcy. This solution is in sharp contrast to that involving the failure of Danat-Bank in July 1931 (under, to be sure, much worse economic and financial conditions).

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