Søe-Assurance Compagniet

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Ved Stranden 2 photographed by Peter Elfelt in 190.5.

Det Kongelige octroierede Søe-Assurance 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

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Det Kongelige octroierede Søe-Assurance Compagni was founded in the Børsen building in Copenhagen in 1728.

The company's monopoly on marine insurance was challenged by Niels Ryberg [da] and other major merchants and ship-owners towards the middle of the century. Its monopoly was finally lifted in 1783, leading to the formal establishment of De private Assurandeurer in 1786. The company existed until 1930.[1]

References

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