Magdeburg fire insurance company

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The Magdeburger Feuerversicherungs-Gesellschaft is an insurance company operating in Hanover today.

Registered share of RM 300 in the Magdeburg Fire Insurance Company dated May 28, 1929

The insurance was founded on September 2, 1844 by Friedrich Knoblauch (1805–1879) from Magdeburg. The start-up capital amounted to 15 million marks. As early as 1853 she was also abroad. B. active in North America .

In 1899, Hermann Vatke was elected as the successor to the late Robert Tschmarke as general director of the Magdeburg fire insurance company, which he remained until 1916.

Vatke handled the positions built up in direct business in the USA through a subsidiary - the Magdeburg Fire Insurance Company of New York. This decision prevented a possible bankruptcy of the insurance company. The earthquake in San Francisco in 1906 did not shake the Magdeburg company, in contrast to some German fire insurers that had to be liquidated or merged.

From 1930 to 1945 Wilhelm Berndt was the company's general manager. In 1946 the company headquarters were relocated to Salzgitter due to expropriations in the Soviet Zone , in 1948 to Fulda and in 1959 to Hanover.

It was one of the major German fire insurance companies. The Magdeburger Feuerversicherungs-Gesellschaft, with its directorate at Breiten Weg 7/8, was considered the German industry leader of the 19th century.

Currently the Magdeburger fire belongs to the Allianz group.

Literature (selection)

  • Dieter Brosius: The battle of the Magdeburg fire insurance company for approval in the Kingdom of Hanover , Hanover 1987.
  • Magdeburger Feuerversicherungs-Gesellschaft (Ed.): 100 Years of the Magdeburg Fire Insurance Company, 1844-1944 , Magdeburg 1944.
  • Horst Schmitz: The Odyssey of an Insurance Company - 125 Years of Magdeburg Fire Insurance Company 1844 - 1969 , Düsseldorf 1969.
  • William L Evenden: Deutsche Feuerversicherungs-Schilder / German Fire Marks. Verlag Versicherungswirtschaft, 1989. pp. 230f. ( P. 230/231 online at Google Books )

Web links

Individual evidence

  1. ^ Cyclopedia of Insurance in the United States, Part 2, Henry Rodgers Hayden, G. Reid MacKay, Index Publishing Company, 1900, p. 442 [1] ; Short biography in: Festschrift 100 Years of the Magdeburger Feuerversicherungs-Gesellschaft, 1844-1944
  2. Berndt in: 100 Years of the Magdeburg Fire Insurance Company, 1844-1944
  3. Details on the meaning ( memento of the original from February 5, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.oesa.de