Søe-Assurance Compagniet

Det kgl. octr. Søe-Asseurance Compagni, often referred to as Søe-Assurance Compagniet was founded in 1728 as the first marine Insurance company in Denmark. It held a monopoly on marine Insurance in Denmark until 1786.

History

Det kgl. octr. Søe-Asseurance Compagni was founded in the Børsen Building in Copenhagen in 1728. Its monopoly on marine Insurance was challenged by Niels Ryberg and other major merchants and ship-owners towards the middle of the century. Its monopoly was in 1783 finally lifted, leading to the formal establishment of De private Assurandeurer in 1786. The company existed until 1930.[1]

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References

  1. "De Private Assurandører Aktieselskab". coneliand.dk (in Danish). Retrieved 26 August 2018.


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