Victoria Fire Insurance AG
The Victoria Feuer-Versicherungs Aktiengesellschaft Berlin (also partly written Viktoria) was an important German insurance company in Berlin that existed in this form for more than 50 years.
history
prehistory
In the anniversary year of 1903, Victoria Insurance actually wanted to expand its business operations to include fire and burglary insurance in order to provide the field service with a field of activity in other areas. The negotiations with the imperial supervisory authority for private insurance dragged on, noted a business report. The new company had to be founded because the insurance supervisory authority's principle of separation of lines already forbade the coexistence of life insurance and property insurance in one company.
Foundation and development
The insurance was founded on February 22nd, 1904 in Berlin by Otto Gerstenberg . On March 16, she received her approval for the German Reich. Director Franz Müller became the first technical manager.
The company now served the purpose of the property insurance business and was a subsidiary of Victoria Insurance in Berlin. She had fire, burglary and tap water damage and was financially independent.
In 1928 Victoria Feuer turned over 34 million Reichsmarks in premiums.
In 1948 the accident insurance portfolio was transferred from Victoria zu Berlin to Victoria Feuer-Versicherungs AG.
The insurance existed in this form until 1956. In that year, the Düsseldorf and Berlin Victoria companies merged to form Victoria Life and Victoria Fire Insurance. In this respect, the Victoria Feuer still exists today.
International business
On March 31, 1917, Victoria Fire received permission to operate fire insurance in the Kingdom of Hungary. In 1923 the company was also active in Egypt, Bulgaria, Gdansk and Turkey. In 1932 France, Greece and Austria were added.
people
literature
- Literature from and about Victoria Feuer-Versicherungs-AG in the catalog of the German National Library
- Ludwig Arps: German insurance company . Karlsruhe 1968
- Arno Surminski : In the train of times - The Victoria from 1853 to today , Düsseldorf 1978.
- Contributions to the history of the German insurance industry, part 2. On the occasion of the 70th birthday of Peter Koch , Karlsruhe 2005.
Web links
- Established in 1904
- Insurance purpose
- Victoria abroad
- Article about the merger from 1956
- Early documents and newspaper articles on Victoria Feuer-Versicherungs-AG in the 20th century press kit of the ZBW - Leibniz Information Center for Economics .
Individual evidence
- ↑ Arno Surminski : In the Train of Times - The Victoria from 1853 to today , Düsseldorf 1978, p. 21.
- ↑ Gerald D. Feldman: The Alliance and the German Insurance Industry, 1933-1945, Munich 2001, p. 55