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ARAG Group
ARAG SE is a European insurance group. ARAG stands for ''Allgemeine Rechtsschutzversicherungs Aktiengesellschaft''. "SE" stands for "Societas Europaea". Its headquarters are located in the ARAG-Tower in Düsseldorf-Mörsenbroich, Düsseldorf. The ARAG Group employs almost 4,700 people worldwide. The Group reported total gross premium income of €2.02 billion in 2021. ARAG is the largest family-owned German insurance group, with a legal insurance portfolio of 4.7 million policies in the 2021 business year. The Group's international legal insurance business accounts for 2.9 million policies alone, making it the largest legal insurer in the world. The Group's total insurance business was 12.2 million policies in 2021, 8.4 million of which were outside Germany. History The ARAG Group was founded in 1935 as legal insurance company under the name of Deutsche Auto-Rechtsschutz-AG (DARAG) by the Düsseldorf entrepreneur and attorney Heinrich Fassbender. With that venture, Faßbend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Societas Europaea
A (, ; "European society" or "company"; plural: ; abbr. SE) is a public company registered in accordance with the European corporate law, corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more easily transfer to or merge with companies in other Member state of the European Union, member states. As of April 2018, more than 3,000 registrations had been reported. Several of the Euro Stoxx 50 stock market index of leading eurozone companies have been registered as SE: Airbus, Allianz, BASF, E.ON, Fresenius (company), Fresenius, LVMH, LVMH Moët Hennessy Louis Vuitton (and its subsidiary Dior), SAP SE, SAP, Schneider Electric, TotalEnergies, Unibail-Rodamco-Westfield and Vonovia. National law continues to supplement the basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive which manages the rules for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Düsseldorf
Düsseldorf is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in the state after Cologne and the List of cities in Germany with more than 100,000 inhabitants, seventh-largest city in Germany, with a 2022 population of 629,047. The Düssel, from which the city and the borough of Düsseltal take their name, divides into four separate branches within the city, each with its own mouth into the Rhine (Lower Rhine). Most of Düsseldorf lies on the right bank of the Rhine, and the city has grown together with Neuss, Ratingen, Meerbusch, Erkrath and Monheim am Rhein. Düsseldorf is the central city of the metropolitan region Rhine-Ruhr, the List of EU metropolitan regions by GDP#2021 ranking of top four German metropolitan regions, second biggest metropolitan region by GDP in the European Union, that stretches from Bonn via Cologne and Düsseldorf to the Ruhr (from Duisburg via Essen to Dortmund). The ''-dorf'' suffix mea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Group
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Insurance
Legal protection insurance (LPI), also known as legal expenses insurance (LEI) or simply legal insurance, is a particular class of insurance which facilitates access to law and justice by providing legal advice and covering the legal costs of a dispute, regardless of whether the case is brought by or against the policyholder. Depending on the national rules, legal protection insurers can also represent the policyholder out-of-court or even in-court. History Legal protection insurance has a 100-year history. The concept originated in 1911 when members of the '''Automobile Club de l’Ouest were offered several additional services among which protection in case of fines or for disputes in front of police courts. This basic legal protection was then extended to traffic accidents and gave rise to the first legal protection insurance policy in France offered by ‘''La Défense Automobile et Sportive (DAS)''’ which was founded in 1917. ‘''La Défense Automobile et Sportive (DAS)' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ARAG International
ARAG may refer to: * Arag, a town in Sangli district in the Indian state of Maharashtra * Advanced Research and Assessment Group The Advanced Research and Assessment Group (ARAG) was a department of the Defence Academy of the United Kingdom concerned with long-term planning and threat assessment. ARAG was established in 2005 by Order of St Michael and St George, CMG, the ... * ARAG SE European Insurance Group * ARAG-Tower Düsseldorf * ARAG ATP World Team Championship {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heinrich Fassbender
Heinrich Fassbender (24 May 1899 – 22 June 1971) was a German politician and former member of the German Bundestag The Bundestag (, "Federal Diet (assembly), Diet") is the lower house of the Germany, German Federalism in Germany, federal parliament. It is the only constitutional body of the federation directly elected by the German people. The Bundestag wa .... Life Fassbender was a member of the Hessian State Parliament from 1946 until 12 February 1948, when he resigned because he was elected Hessian member of the Bizone Economic Council (until 1949). In the 1949 Bundestag elections, he was elected to the German Bundestag, of which he was a member until 1957. In 1953 he was elected as a direct candidate in the Waldeck constituency of the Bundestag. Literature References 1899 births 1971 deaths Members of the Bundestag for Hesse Members of the Bundestag 1953–1957 Members of the Bundestag 1949–1953 Members of the Bundestag for the Free Demo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lord Norman Foster
Norman Robert Foster, Baron Foster of Thames Bank (born 1 June 1935) is an English architect. Closely associated with the development of high-tech architecture, Lord Foster is recognised as a key figure in British modernist architecture. His firm Foster + Partners, first founded in 1967 as Foster Associates is the largest in the United Kingdom, and operates internationally. He also serves as president of the Norman Foster Foundation, established to 'promote interdisciplinary thinking and research to help new generations of architects, designers and urbanists to anticipate the future'. The foundation, which opened in June 2017, is based in Madrid and operates globally. Foster received the Pritzker Prize in 1999. Early life and education Norman Robert Foster was born in 1935 in Reddish, north of Stockport, formerly a part of Lancashire but by then incorporated into the County Borough of Stockport. He was the only child of Robert and Lilian Foster (born Smith). The family move ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sponsor (commercial)
Sponsoring something (or someone) is the act of supporting an event, activity, person, or organization financially or through the provision of products or services. The individual or group that provides the support, similar to a benefactor, is known as the sponsor. Definition Sponsorship is a cash and/or in-kind fee paid to a property (typically in sports, arts, entertainment or causes) in return for access to the exploitable commercial potential associated with that property. While the sponsee (property being sponsored) may be nonprofit, unlike philanthropy, sponsorship is done with the expectation of a commercial return. While sponsorship can deliver increased awareness, brand building and propensity to purchase, it is different from advertising. Unlike advertising, sponsorship can not communicate specific product attributes. Nor can it stand alone, as sponsorship requires support elements. Proponents of sponsorship would, however, point to its unique position in the marketi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1935
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and prof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of Germany
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
