Arno Paul Bäumer

Arno Paul Bäumer (born February 2, 1920 in Hamburg ; † August 18, 1997 ) was a German insurance manager and association official. From 1967 he was a board member at Allianz AG and between 1971 and 1985 chairman of the board of Allianz Lebensversicherung , from 1975 to 1979 he was the tenth president of the German Insurance Association .

Professional background

Bäumer joined Allianz in the summer of 1949 as an employee of the Hamburg branch, and subsequently worked in various positions in the insurance company's office and field service. In 1961 he took over the management of the Berlin branch and six years later he became a member of the Board of Management of Allianz Versicherung. In 1971 he was promoted to CEO of the life insurance subsidiary Allianz Lebensversicherung. Under his leadership, the company consolidated its position as the market leader in the German life insurance market. At the same time, he initiated the technical modernization of the insurer and established a new, more effective management structure, new products such as nursing pension insurance were brought onto the market and an externally certified proof of the permanently achievable surplus participation was introduced, which later resulted in the proof of financial feasibility that is later required by the supervisory authorities . At times he was said to have ambitions to inherit Wolfgang Schieren as CEO of the entire group. After Uwe Haasen, who was previously responsible for Allianz's US life insurance business , was elected as his successor at the Annual General Meeting in June 1985 , he retired and moved to the company's supervisory board , where he was temporarily deputy chairman until 1990. After Rudolf von Bennigsen-Foerder's death in 1989, he became a substitute member of the Allianz Holding supervisory board , where he remained until 1993.

In parallel to his work at Allianz, Bäumer was also involved in industry committees. After serving as vice-presidency of the GDV under Hermann Stech and Otto Vossen for three and a half years , he took over the presidency of the interest group of the German insurance industry for four years in 1975. After he was handed over to Georg Büchner in 1979, he continued to be represented in various committees, from which he left until the end of 1984 for reasons of age. In the fall of 1984, he was appointed Baden-Wuerttemberg Prime Minister Lothar Späth in an agency commission from politics and business to modernize the administration and development of modern management and personnel structures in the light of technological developments, next to him among other things, the IBM -Germany boss Lothar Sparberg belonged.

From 1980 Bäumer was honorary senator of the University of Hohenheim , in 1982 the University of Karlsruhe , where he initiated the insurance course, awarded him an honorary doctorate .

Individual evidence

1. ↑ ^{a b c} insurance industry : "Arno Paul Bäumer died" (September 1, 1997, p. 1261)
2. ↑ ^{a b} Insurance Industry: “Birthdays in January - Gen.Dir. Bäumer, Stuttgart, 65 years "(January 15, 1985, p. 172)
3. ↑ Wirtschaftswoche : "The Makers of the Year" (December 20, 1985, p. 162)
4. ↑ Wirtschaftswoche: "Spaeth seeks manager advice" (September 14, 1984, p. 7)