De Private Assurandører was a marine insurance company founded in 1786 in

Copenhagen Copenhagen ( ) is the capital and most populous city of Denmark, with a population of 1.4 million in the Urban area of Copenhagen, urban area. The city is situated on the islands of Zealand and Amager, separated from Malmö, Sweden, by the ...

Denmark Denmark is a Nordic countries, Nordic country in Northern Europe. It is the metropole and most populous constituent of the Kingdom of Denmark,, . also known as the Danish Realm, a constitutionally unitary state that includes the Autonomous a ...

History

In 1726, Det kgl. octr. Søe-Asseurance Compagni was granted a monopoly on

marine insurance Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. Cargo insurance a sub-branch of mari ...

in Denmark. In the middle of the century, its monopoly was challenged by Niels Ryberg and other major merchants. De private Assurandeurer was founded by a group of private operators on 1 March 1786. Prominent participants in the company included I. Erichsen, Niels Brock, Frédéric de Coninck, Joseph Hambro, Andreas Nicolai Hansen and C. F. Tietgen. Lauritz Nicolai Hvidt was part of the management. His son, Eduard Julius Hvist, joined the management in 1831 (alongside J. F. Wessely) and members of the Hvidt family would play central roles in the company for more than a hundred years. From 1924, De private Assurandeurer was also active in the market for fire insurances. The company was converted into a limited company (''

aktieselskab (; abbr.: A/S or a/s, ; ) is the Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. If an ...

'') in 1046. The company was based at Palægade 2. Peter Leth (born 1901) was CEO of the company in 1950.

Chairmen

* (1886?

Lauritz Peter Holmblad Lauritz Peter Holmblad (8 July 1815 – 16 November 1890), often referred to as L. P. Holmblad, was a Danish industrialist and philanthropist. His company, which was simply known as L. P. Holmblad, had activities in dyes, soap, glue and playin ...

References

Financial services companies established in 1786 Insurance companies of Denmark Danish companies established in 1786 {{Denmark-company-stub