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Two years later in 2002, Euler acquired Hermes, the German market leader in trade credit insurance. [7] In 2003, the Group and all its subsidiaries became Euler Hermes. Euler Hermes began to expand internationally in 2004, and opened offices in Latin America , Asia Pacific , and the Middle East ( United Arab Emirates , Kuwait , Oman , and Qatar ...
Howell Palmeroy Skoglund (known as H. P. Skoglund) was the company's president from 1933 to 1965 as well as one of the original owners of the Minnesota Vikings. [4] In 1979, North American Life and Casualty Co. was acquired by Allianz, a German conglomerate, which renamed the company Allianz Life Insurance Co. of North America in 1993. [4] [5]
Insurance Company of North America (INA) is the oldest capital stock insurance company in the United States, [2] founded in Philadelphia in 1792. It was one of the largest American insurance companies of the 19th and 20th centuries before merging with Connecticut General Life to form CIGNA in 1982, and was acquired by global insurer ACE Limited (currently Chubb Limited) [3] in 1999.
Share of the Allianz Versicherungs-AG, issued 5 February 1890 An early Allianz agent's plaque. Allianz AG was founded in Munich in 1889, but started its activities in Berlin on 5 February 1890, by the then-director of the Munich Reinsurance Company Carl von Thieme (a native of Erfurt, whose father was the director of the Thuringia insurance company) and Wilhelm von Finck (co-owner of the Merck ...
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The system of Hermes covers was originally introduced in 1949 for cases where firms could find no private insurance and has become a pillar of Germany's export industry. [1] Today, Hermes guarantees enable exporters to cover themselves against economic risks (customer risks) and political risks (country risks).
The company was founded in 1920. The company is the only insurance company in the United States to originate within the automotive industry. The holding company for National General Insurance Personal Lines is National General Holdings Corp. As of August 2016, the company was owned by Barry Karfunkel and his family.
As a result, consumers pay more. As CEO of the 125-year-old El Paso Chamber of Commerce, a big part of my job is to advocate for businesses that move goods and services across the border in both ...