Biography of Carl von Thieme. Did you know that Allianz was founded in 1890 by Carl von Thieme and Wilhelm von Finck, who also founded the Munich Re? Carl von Thieme was a popular trained insurance specialist in the last third of the 19th century and is a recognized insurance in Imperial Germany.
Biography of Carl von Thieme- Businessman and Founder of Munich Re and the Insurance Alliaz

Carl Thieme was born on April 30, 1844, in Erfurt.


His father worked as the Director of insurance. After school, Thieme trained in his father's insurance company, where he then worked. Thieme was moved in 1871 to General Insurance Agency management of Munich. Two years later, in 1873, he became the head of the Public Body. Specialist insurance set up  "Munich Reinsurance Company " in 1880 by Theodor von Cramer-Klett.

In April 1880, Carl Thieme starting business operations with four staff. A few weeks later, Carl Schreiner joined the Company to run the Office. In addition to Thieme, he is the only member of staff who has worked in the insurance business.

Thieme is the Director General of the company and also represented on the Board of Trustees until his death. Until the year 1880, the insurance has gained recognition as the world's largest reinsurance. In 1888, the company was transformed into a stock company. The company's success is due to the Thiemes of modern management, the pursuit of a strategy to diversify risk and global engagement.

From the Munich branch and headquarters in Hamburg, Vienna, and Paris,  "Munich Re's" extends to all countries in the world. In addition to his work for the insurance company based in Munich, Thieme was also involved in the founding of  "Allianz Versicherungsgesellschaft " in Berlin in 1890, where he collaborated with Wilhelm Peter von Finck. He has been involved in the Foundation's "Munich Re's", as Chairman of the Board of Trustees. Finck was later also becoming Chairman of the Board of Trustees  "Allianz Versicherung ". Formed as a partner for reinsurance of accident insurance and fire in Berlin, Allianz capital at that time amounted to 4 million marks.

The first office abroad


The chief opened operator office in Vienna and Hamburg in 1881, with Hamburg's Office moreover handles business in Scandinavia. In 1886, Munich Reopens its first branch in Paris. At that point in 1887, Munich Re is beginning to extend its quality in Russia, marine protection and reinsurance understandings closed with the insurance agency, Lloyd Rossija Russia and Volga marine business that incorporates land and ocean.

The first share ownership in a primary insurance company


In 1887, Munich Re and the insurance agency Hamburg Feuer-Assecuranz-Compagnie von 1877 established the Hamburg-Munich Joined together, a noteworthy insurance agency in the Eastern Mediterranean. Undeniably vital is the Munich Re share possession in private mishap insurance agencies of Russia, Pomoschtsch in 1888. Thieme and a few individuals from the Leading group of Trustees bought stock in private be that as it may, truth be told, this is the principal value capital speculation of Munich Re and its first interest outside of Germany.

The first soul reinsurance agreements and the establishment of Allianz


In 1888, the principal soul reinsurance assertions marked on 3 July with Russia for the protection capital and Annuities in St. Petersburg and in 1889 Carl Thieme and Wilhelm Finck (he moved toward becoming von Finck on 1905) consented to build up mishap insurance agency and autonomous ocean in Berlin. On 17 September, Allianz Versicherungs-AG was developed by a course of action pass by Merck, Finck and co., Deutsche Bank, and diverse speculators.

Ten years after its Foundation, Munich Re has many business clients across the continent of Europe. But that hardly has a leg up in the market in two of the world's leading insurance market – the United Kingdom and the United States. To change this, Carl Schreiner-one of the first employees of the company, and a member of the Board since 1913-in charge of opening an Office in London.

After the successful opening of the London Office, in August 1892 Carl Schreiner across the Atlantic for the first time to open the U.S. market for Munich Re reinsurance. many foreigners now crowding into this market, and there are allegations that they encourage their way with low premiums artificially. Consequently, some States introduced the terms of the license. To receive a license, Munich Re will need to demonstrate that it has a registered office in the US. It established a branch in New York in the years 1897-Munich, Reform insurance companies United States Department.

The first big loss


Storms and floods are still considered the risks cannot be insured when the Kölnische Unfallversicherung offers coverage of the storm for the first time in 1899. Munich Re is involved and covers 50% of the risk. On February 7, 1904, a great fire broke out in Baltimore. Munich Repays a loss of about 4 million marks without having to use its assets. In the next annual report, the company said that its business in the US has survived from "baptism by fire".

On the morning of April 18, the city of San Francisco was rocked by the earthquake had a magnitude of 8.3 on the Richter scale. A gas main ruptured, and the city burned for four days. More than 3,000 people lost their lives, and about 28,000 homes were destroyed. First estimates put the overall damage around US$300 million, with a loss that insured about US $175 million. Shares of Munich Re reaches 11 million marks. To highlight the extent of the damage: it represents 7% of the gross premium income for the financial year 1905-1906.
Biography of Cornelius Vander Starr - Founder American International Group (AIG)

The Global market leader that is not disputed


Before the first world war, Munich Re is a global market leader that does not need to be among the company's reinsurance. On 1913-1914, it produces premium income gross amounted to 204 million marks. For comparison: the next two biggest companies, Schweizer Rück and Kölnische Rück, producing 42 million and 41 million marks.

Carl von Thieme died on October 10, 1924, in Munich.

Businessman. Insurance. Biography of Carl von Thieme. www.trendyonline.co

Biography of Carl von Thieme - Businessman and Founder of Munich Re and the Insurance Allianz

Biography of Carl von Thieme. Did you know that Allianz was founded in 1890 by Carl von Thieme and Wilhelm von Finck, who also founded the Munich Re? Carl von Thieme was a popular trained insurance specialist in the last third of the 19th century and is a recognized insurance in Imperial Germany.
Biography of Carl von Thieme- Businessman and Founder of Munich Re and the Insurance Alliaz

Carl Thieme was born on April 30, 1844, in Erfurt.


His father worked as the Director of insurance. After school, Thieme trained in his father's insurance company, where he then worked. Thieme was moved in 1871 to General Insurance Agency management of Munich. Two years later, in 1873, he became the head of the Public Body. Specialist insurance set up  "Munich Reinsurance Company " in 1880 by Theodor von Cramer-Klett.

In April 1880, Carl Thieme starting business operations with four staff. A few weeks later, Carl Schreiner joined the Company to run the Office. In addition to Thieme, he is the only member of staff who has worked in the insurance business.

Thieme is the Director General of the company and also represented on the Board of Trustees until his death. Until the year 1880, the insurance has gained recognition as the world's largest reinsurance. In 1888, the company was transformed into a stock company. The company's success is due to the Thiemes of modern management, the pursuit of a strategy to diversify risk and global engagement.

From the Munich branch and headquarters in Hamburg, Vienna, and Paris,  "Munich Re's" extends to all countries in the world. In addition to his work for the insurance company based in Munich, Thieme was also involved in the founding of  "Allianz Versicherungsgesellschaft " in Berlin in 1890, where he collaborated with Wilhelm Peter von Finck. He has been involved in the Foundation's "Munich Re's", as Chairman of the Board of Trustees. Finck was later also becoming Chairman of the Board of Trustees  "Allianz Versicherung ". Formed as a partner for reinsurance of accident insurance and fire in Berlin, Allianz capital at that time amounted to 4 million marks.

The first office abroad


The chief opened operator office in Vienna and Hamburg in 1881, with Hamburg's Office moreover handles business in Scandinavia. In 1886, Munich Reopens its first branch in Paris. At that point in 1887, Munich Re is beginning to extend its quality in Russia, marine protection and reinsurance understandings closed with the insurance agency, Lloyd Rossija Russia and Volga marine business that incorporates land and ocean.

The first share ownership in a primary insurance company


In 1887, Munich Re and the insurance agency Hamburg Feuer-Assecuranz-Compagnie von 1877 established the Hamburg-Munich Joined together, a noteworthy insurance agency in the Eastern Mediterranean. Undeniably vital is the Munich Re share possession in private mishap insurance agencies of Russia, Pomoschtsch in 1888. Thieme and a few individuals from the Leading group of Trustees bought stock in private be that as it may, truth be told, this is the principal value capital speculation of Munich Re and its first interest outside of Germany.

The first soul reinsurance agreements and the establishment of Allianz


In 1888, the principal soul reinsurance assertions marked on 3 July with Russia for the protection capital and Annuities in St. Petersburg and in 1889 Carl Thieme and Wilhelm Finck (he moved toward becoming von Finck on 1905) consented to build up mishap insurance agency and autonomous ocean in Berlin. On 17 September, Allianz Versicherungs-AG was developed by a course of action pass by Merck, Finck and co., Deutsche Bank, and diverse speculators.

Ten years after its Foundation, Munich Re has many business clients across the continent of Europe. But that hardly has a leg up in the market in two of the world's leading insurance market – the United Kingdom and the United States. To change this, Carl Schreiner-one of the first employees of the company, and a member of the Board since 1913-in charge of opening an Office in London.

After the successful opening of the London Office, in August 1892 Carl Schreiner across the Atlantic for the first time to open the U.S. market for Munich Re reinsurance. many foreigners now crowding into this market, and there are allegations that they encourage their way with low premiums artificially. Consequently, some States introduced the terms of the license. To receive a license, Munich Re will need to demonstrate that it has a registered office in the US. It established a branch in New York in the years 1897-Munich, Reform insurance companies United States Department.

The first big loss


Storms and floods are still considered the risks cannot be insured when the Kölnische Unfallversicherung offers coverage of the storm for the first time in 1899. Munich Re is involved and covers 50% of the risk. On February 7, 1904, a great fire broke out in Baltimore. Munich Repays a loss of about 4 million marks without having to use its assets. In the next annual report, the company said that its business in the US has survived from "baptism by fire".

On the morning of April 18, the city of San Francisco was rocked by the earthquake had a magnitude of 8.3 on the Richter scale. A gas main ruptured, and the city burned for four days. More than 3,000 people lost their lives, and about 28,000 homes were destroyed. First estimates put the overall damage around US$300 million, with a loss that insured about US $175 million. Shares of Munich Re reaches 11 million marks. To highlight the extent of the damage: it represents 7% of the gross premium income for the financial year 1905-1906.
Biography of Cornelius Vander Starr - Founder American International Group (AIG)

The Global market leader that is not disputed


Before the first world war, Munich Re is a global market leader that does not need to be among the company's reinsurance. On 1913-1914, it produces premium income gross amounted to 204 million marks. For comparison: the next two biggest companies, Schweizer Rück and Kölnische Rück, producing 42 million and 41 million marks.

Carl von Thieme died on October 10, 1924, in Munich.

Businessman. Insurance. Biography of Carl von Thieme. www.trendyonline.co