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

By Gerald D. Feldman

Gerald Feldman's heritage of the the world over fashionable assurance company Allianz AG within the Nazi period is predicated principally on new or formerly unavailable archival assets, making this a extra exact account of Allianz and the boys who directed its company than was once ever ahead of attainable. Feldman takes the reader via different instances of collaboration and clash with the Nazi regime with equity and a dedication to expert research, referring to problems with damages within the Pogrom of 1938, insuring amenities utilized in compelled hard work camps, and the issues of denazification and restitution. the wider matters tested during this study--when cooperation with Nazi regulations was once obligatory and whilst it used to be complicit, the best way revenue, ideology, and opportunism performed a task in company determination making, and the query of the way Jewish assurance resources have been expropriated--are fairly suitable this day given the continued foreign debate approximately restitution for Holocaust survivors. This booklet joins a transforming into physique of scholarship in keeping with open entry to the documents of German enterprises within the Nazi period. Gerald D. Feldman is Professor of heritage on the college of California at Berkeley. His booklet, the good affliction (Oxford, 1993) bought the DAAD booklet Prize of the German ancient organization and the booklet Prize for important ecu historical past from the yankee old organization. He used to be an invited professional 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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By Gerald D. Feldman

Gerald Feldman's heritage of the the world over fashionable assurance company Allianz AG within the Nazi period is predicated principally on new or formerly unavailable archival assets, making this a extra exact account of Allianz and the boys who directed its company than was once ever ahead of attainable. Feldman takes the reader via different instances of collaboration and clash with the Nazi regime with equity and a dedication to expert research, referring to problems with damages within the Pogrom of 1938, insuring amenities utilized in compelled hard work camps, and the issues of denazification and restitution. the wider matters tested during this study--when cooperation with Nazi regulations was once obligatory and whilst it used to be complicit, the best way revenue, ideology, and opportunism performed a task in company determination making, and the query of the way Jewish assurance resources have been expropriated--are fairly suitable this day given the continued foreign debate approximately restitution for Holocaust survivors. This booklet joins a transforming into physique of scholarship in keeping with open entry to the documents of German enterprises within the Nazi period. Gerald D. Feldman is Professor of heritage on the college of California at Berkeley. His booklet, the good affliction (Oxford, 1993) bought the DAAD booklet Prize of the German ancient organization and the booklet Prize for important ecu historical past from the yankee old organization. He used to be an invited professional 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 info for Allianz and the German Insurance Business, 1933-1945

Sample text

Vaterländische also collapsed in 1929, but Hensel points out that Allianz was too preoccupied with Favag to take over yet another company. It was acquired by Nordstern. Aktennotiz Schmitt, 26. Nov. 1929, BAB, 80 Ba 2 /P 5785. 20 Allianz and the German Insurance Business, 1933–1945 been shown discount bills with Dumcke’s signature that he deemed very dubious. For Lauinger, however, the more important question was whether an insurance company had any business discounting bills of the type shown to him and engaging in banking business of this kind.

Und 6. Nov. 2 /4. Little credence seems to have been given to the charges of the indicted directors that Allianz had been plotting to take over Favag all along and had even been responsible for the Lauinger articles. See the responses by Schmitt, Heß, Hilgard, and Kisskalt and their valuable accounts of their dealings with Favag in BAB, 80 Ba 2 /P 5785. For the Reich Supervisory Agency decision and justification of its actions, see its formal decision of Nov. 16, 1929, in the Protokol über die Gläubigerversammlung, 15.

The new concern clearly was the largest in Germany. 6 billion RM in life insurance alone, followed by 17 publicly chartered institutions with 1 billion, Victoria zu Berlin Allgemeine Versicherungs-AG with 950 million, the Gerling concern with 550 million, and Favag with 470 million. At the same time, thanks to the mergers, staffing could be reduced to 90% of 1927 levels. 23 The consolidation of 1928 must be viewed in the context of the wave of big mergers, fusions, and consolidations that took place in other economic sectors in the second half of the 1920s, among which were the creation of IG Farben in 1925, Vereinigte Stahlwerke in 1926, and Deutsche Bank and Disconto-Gesellschaft in 1929.

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