By Gerald D. Feldman
Gerald Feldman's heritage of the across the world widespread assurance company Allianz AG within the Nazi period relies mostly on new or formerly unavailable archival resources, making this a extra exact account of Allianz and the lads who directed its enterprise 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 proficient research, relating problems with damages within the Pogrom of 1938, insuring amenities utilized in pressured exertions camps, and the issues of denazification and restitution. the wider concerns 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 job in company choice making, and the query of the way Jewish coverage resources have been expropriated--are relatively appropriate at the present time given the continued overseas debate approximately restitution for Holocaust survivors. This ebook joins a growing to be physique of scholarship according to open entry to the files of German firms within the Nazi period. Gerald D. Feldman is Professor of historical past on the college of California at Berkeley. His e-book, the nice sickness (Oxford, 1993) bought the DAAD e-book Prize of the German historic organization and the e-book Prize for imperative eu heritage from the yank 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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Gerald Feldman's heritage of the across the world famous coverage 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 lads who directed its company than was once ever earlier than attainable. Feldman takes the reader via various instances of collaboration and clash with the Nazi regime with equity and a dedication to trained research, pertaining to problems with damages within the Pogrom of 1938, insuring amenities utilized in compelled exertions camps, and the issues of denazification and restitution.
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Extra info for Allianz and the German Insurance Business, 1933-1945
In certain very important respects, however, Schmitt was to be even more dependent on Hilgard, who had known Schmitt since his youth as they grew up only a few kilometers from one another. They had only casual contact then but saw one another more regularly in Munich, where Hilgard did his training for state service at the time Schmitt was completing his studies. Hilgard intended to have a civil service career and, after serving in the war, went to work in the peace treaty section of the Reich Finance Ministry and participated in some of the more important immediate postwar diplomatic negotiations.
5. 34 Yet another scheme was urged by the Victoria Versicherungs-Gesellschaft, and supported by Jakob Goldschmidt of the Danat-Bank, that would involve joint action on the part of all the large German insurance companies to deal with the problem. In the last analysis, however, the leading banks represented on the Favag supervisory board found the Allianz takeover most acceptable and welcome despite the power shift that it entailed. On the one hand, the alternatives were all being proposed in August 1929, while the full scope of the disaster was gradually coming into focus – for example, that the “silent reserves” of Favag were really its own shares that it had bought and were being held in the portfolios of companies in the concern.
Another interesting illustration in the insurance business was a letter of June 14, 1923, from V. Mittermann of the Austrian Großdeutsche Volkspartei to Rudolf Schmidt of Munich Re. Mittermann complained that he had taken out a policy with the Austrian Janus company, which he thought had “an Aryan foundation,” only to find that it had a Jew on its administrative board representing Munich Re. Schmidt replied on June 18, assuring Mittermann that Janus (Allgemeine Versicherungsanstalt a. G. in Wien) was indeed an “Aryan institute” and that it was the Munich Re alone that was exercising its right to name a member of the board and that Janus had not the “slightest influence” in this regard.
Allianz and the German Insurance Business, 1933-1945 by Gerald D. Feldman