Worldwide GWP for 1998 (£000s):
Worldwide GWP for 1998 (£000s):
£5,595,092 (1997: £5,512,176)
Chief officer:
Dr Hans Jager
Address, telephone and fax number of European head office:
Aachener und Muenchener Allee 9
D-52074 Aachen
PO Box 186
Germany
Tel: +49 241 46101
Fax: +49 241 461 1805
http://www.amb.de
Year company established:
1825
Key insurance personnel:
Dr Fritz Becker (director)
Dr Michael Kalka (director)
Elmo Freiherr von Schorlemer (director)
Dr Walther Thiessen (director)
Company history:
AMB was founded as Aachener Feuer Versicherung-Gesellschaft in 1825. In 1834 it changed its name to Aachener und Muenchener Feuer-Versicherung-Gesellschaft.
1817
Aachener und Muenchener expands its business abroad and establishes general agencies in San Francisco, New York and Chicago
1840
Licensed in all German states
1900
The company is represented by 50 agencies in all five continents
1924
The company acquires stakes in several insurance companies such as Thuringia Versicherungs-AG and Aacghhen -Potsdamer (today Aachener und Muenchener Leben)
1970
Aachener und Muenchener Feuer Versicherung-Gesellschaft.changed its name to Aachener und Muenchener Versicherung Aktiengesellschaft : the Aachener und Muenchener group was created,
1979
Changed to AMB Aachener und Muenchener Beteligungs-AG and became the holding company heading the AM Group. The insurance portfolio was taken over by the wholly-owned subsidiary Cosmos Allgemeine which changed its name to Aachener und Muenchener Versicherung AG.
Main classes of business:
Insurance
Mutual Funds
Worldwide net written premium for 1998 (000s):
£5,296,845
Worldwide net written premium for 1997 (000s):
£5,134,600
