Nederlandsch-Indische Levensverzekerings en Lijfrente Maatschappij

Nederlandsch-Indische Levensverzekerings en Lijfrente Maatschappij (NILLMIJ) was a major Dutch insurance business with substantial headquarters buildings and branch offices in the Dutch East Indies and in the Netherlands. After Indonesia became independent, major Dutch companies operating there, including NILLMIJ, were nationalized. The company's operations in the Netherlands continued while the Indonesian government continued the renamed Indonesian business PT Asuransi Jiwasraya.

Office of Nillmij (Nederlandsch-Indische Levensverzekerings en Lijfrente Maatschappij) in Jakarta, now Head Office of Asuransi Jiwasraya
Nillmij Office Building in Semarang

History

Photograph of NILLMIJ building in Jakarta (now Asuransi Jiwasraya)

Nillmij was founded in 1859 by CFW Wiggers Kerchem, who later worked as President of the Java Bank. Until 1932 the company was named SA Life Insurance Company Nillmij.

The company's success Dutch East Indies was largely due to the interrelationship with the colonial government there and a near monopoly. This came to an end when other insurers were allowed into the colony in 1883. In 1939 the Nillmij took over NV Java Hypotheekbank.

In 1952 the Dutch activities were expanded through a merger with the Life Insurance Corporation Arnhem. The company came was led by the mathematician John Engelfriet, who was one of the first to take the initiative to introduce computers. In 1956, the computer business Electrologica formed as a subsidiary of the Nillmij. In 1966 it was sold to Philips. In 1969, Nillmij merged with another insurance company, the First Dutch, and was renamed Ennia. In 1983 Ennia became Aegon.

The Nillmij built architecturally interesting office buildings for its offices in the Dutch East Indies, several of which stood long after the company left (for example in Jakarta, Semarang and Bandung).

Sources

  • 1859 - 1959 Netherlands before a hundred years. Commemorative book published on the occasion of the centenary of the Nillmij. Compiled by Prof. Dr. W. Jappe Alberts and Dr. Jonkvrouwe JM Winter. Published in 1959. Reprinted in 1962.
  • To Know Nillmij / Netherlands Indies Life insurance and Annuity Company (Nillmij) issued in Amsterdam circa 1940 by De Bussy.
  • BPA Gales, Working on security, a look back over the shoulder of AEGON two centuries of insurance history, AEGON Insurance in 1986.
gollark: It's ridiculous to complain that he doesn't know much about rocketry and stuff himself and (THE HORROR) hired competent people who do, and managed to improve the state of space travel a lot.
gollark: I'm not sure what you mean by "apartheid profiting", but generally that seems pretty stupid.
gollark: Unless they have a warrant, you can apparently just tell them to go away and they can't do anything except try and get one based on seeing TV through your windows or something.
gollark: But the enforcement of it is even weirder than that:- there are "TV detector vans". The BBC refuses to explain how they actually work in much detail. With modern TVs I don't think this is actually possible, and they probably can't detect iPlayer use, unless you're stupid enough to sign up with your postcode (they started requiring accounts some years ago).- enforcement is apparently done by some organization with almost no actual legal power (they can visit you and complain, but not *do* anything without a search warrant, which is hard to get)- so they make up for it by sending threatening and misleading letters to try and get people to pay money
gollark: - it funds the BBC, but you have to pay it if you watch *any* live TV, or watch BBC content online- it's per property, not per person, so if you have a license, and go somewhere without a license, and watch TV on some of your stuff, you are breaking the law (unless your thing is running entirely on battery power and not mains-connected?)- it costs about twice as much as online subscription service things- there are still black and white licenses which cost a third of the price

References

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