COMPANY·HISTORIES
NAIC 524126

Direct Property and Casualty Insurance Carriers (pt)

How the companies in this industry began, and the forces that shaped them.

52companies1839–2000founding years52still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedAXA Colonia Konzern AG
1839
FoundedWestfield Group
1848
FoundedSkandia Insurance Company, Ltd.
1855
FoundedThe Chubb Corporation
1882
FoundedAlleanza Assicurazioni S.p.A.
1898
FoundedDr. August Oetker KG
1902
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedJefferson-Pilot Corporation
1907
1914
EconomyWorld War I begins; global trade reorders.
FoundedFord Motor Company
1919
FoundedOld Republic International Corporation
1923
FoundedAlleghany Corporation
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedHUK-Coburg
1933
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
FoundedAlfa Corporation
1946
1947
TechnologyThe transistor is invented.
FoundedThe Progressive Corporation
1956
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedClayton Homes Incorporated
1968
FoundedLoews Corporation
1969
FoundedAmerican Homestar Corporation
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedAEGON N.V.
1983
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedNYMAGIC, Inc.
1998
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

AXA Colonia Konzern AG →
Active · founded 1839 · Germany
AXA Colonia Konzern AG is Germany's fourth largest primary insurer based in Cologne.
AXA Colonia Konzern AG →
Active · founded 1839 · Germany
AXA Colonia Konzern AG is Germany's fourth largest primary insurer based in Cologne.
Westfield Group →
Active · founded 1848
Based in Westfield Center, Ohio, Westfield Group (unrelated to the identically named Australian real estate…
Westfield Group →
Active · founded 1848
Based in Westfield Center, Ohio, Westfield Group (unrelated to the identically named Australian real estate…
Skandia Insurance Company, Ltd. →
Active · founded 1855 · Sweden
Since its founding in 1855, Sweden's Skandia Insurance Company, Ltd.
Skandia Insurance Company, Ltd. →
Active · founded 1855 · Sweden
Since its founding in 1855, Sweden's Skandia Insurance Company, Ltd.
Winterthur Group →
Active · founded 1875 · Switzerland
Winterthur Group is the largest life and nonlife insurance company in Switzerland, selling a broad range of insurance…
Winterthur Group →
Active · founded 1875 · Switzerland
Winterthur Group is the largest life and nonlife insurance company in Switzerland, selling a broad range of insurance…
The Chubb Corporation →
Active · founded 1882
s: 52321 Security and Commodity Exchanges; 524113 Direct Life Insurance Carriers; 52413 Reinsurance Carriers; 524114…
The Chubb Corporation →
Active · founded 1882
s: 52321 Security and Commodity Exchanges; 524113 Direct Life Insurance Carriers; 52413 Reinsurance Carriers; 524114…
Alleanza Assicurazioni S.p.A. →
Active · founded 1898 · Italy
1980s:In response to high inflation rates, Alleanza launches index-linked policies and revaluable policies.
Alleanza Assicurazioni S.p.A. →
Active · founded 1898 · Italy
1980s:In response to high inflation rates, Alleanza launches index-linked policies and revaluable policies.
Grupo Financiero Banorte, S.A. de C.V. →
Active · founded 1899 · Mexico
Grupo Financiero Banorte, S.A.
Grupo Financiero Banorte, S.A. de C.V. →
Active · founded 1899 · Mexico
Grupo Financiero Banorte, S.A.
Dr. August Oetker KG →
Active · founded 1902 · Germany
Dr.
Dr. August Oetker KG →
Active · founded 1902 · Germany
Dr.
Jefferson-Pilot Corporation →
Active · founded 1907
Jefferson-Pilot Corporation is a major U.S.
Jefferson-Pilot Corporation →
Active · founded 1907
Jefferson-Pilot Corporation is a major U.S.
General Motors Corporation →
Active · founded 1916
General Motors Corporation (GM) is the world's largest full-line vehicle manufacturer and marketer.
General Motors Corporation →
Active · founded 1916
General Motors Corporation (GM) is the world's largest full-line vehicle manufacturer and marketer.
Ford Motor Company →
Active · founded 1919
As the second-largest automobile company in the world, Ford Motor Company represents a $164 billion multinational…
Ford Motor Company →
Active · founded 1919
As the second-largest automobile company in the world, Ford Motor Company represents a $164 billion multinational…
Old Republic International Corporation →
Active · founded 1923
Old Republic International Corporation, one of the 50 largest publicly held insurance organizations in the United…
Old Republic International Corporation →
Active · founded 1923
Old Republic International Corporation, one of the 50 largest publicly held insurance organizations in the United…
Erie Indemnity Company →
Active · founded 1925
Erie Indemnity Company is the attorney-in-fact and manager of the Erie Insurance Exchange, which in turn pools…
Erie Indemnity Company →
Active · founded 1925
Erie Indemnity Company is the attorney-in-fact and manager of the Erie Insurance Exchange, which in turn pools…
Alleghany Corporation →
Active · founded 1929
Alleghany Corporation operates as a diversified conglomerate with holdings related to insurance, industrial minerals,…
Alleghany Corporation →
Active · founded 1929
Alleghany Corporation operates as a diversified conglomerate with holdings related to insurance, industrial minerals,…
HUK-Coburg →
Active · founded 1933 · Germany
HUK-Coburg (whose full name is HUK-Coburg Haftpflicht-Unterst�tzungs-Kasse kraftfahrender Beamter Deutschlands AG) in…
HUK-Coburg →
Active · founded 1933 · Germany
HUK-Coburg (whose full name is HUK-Coburg Haftpflicht-Unterst�tzungs-Kasse kraftfahrender Beamter Deutschlands AG) in…
Alfa Corporation →
Active · founded 1946
The disclosure certainly did no serious harm to Alfa's reputation.
Alfa Corporation →
Active · founded 1946
The disclosure certainly did no serious harm to Alfa's reputation.
Renault Argentina S.A. →
Active · founded 1955 · Argentina
Of Argentina's ten automakers, almost all are closely held subsidiaries or affiliates of their American, European, or…
Renault Argentina S.A. →
Active · founded 1955 · Argentina
Of Argentina's ten automakers, almost all are closely held subsidiaries or affiliates of their American, European, or…
The Progressive Corporation →
Active · founded 1956
By practically any measure, The Progressive Corporation ranks among the United States' most successful property and…
The Progressive Corporation →
Active · founded 1956
By practically any measure, The Progressive Corporation ranks among the United States' most successful property and…
Clayton Homes Incorporated →
Active · founded 1968
Clayton Homes Incorporated is a leading retailer of manufactured homes in the United States.
Clayton Homes Incorporated →
Active · founded 1968
Clayton Homes Incorporated is a leading retailer of manufactured homes in the United States.
Leucadia National Corporation →
Active · founded 1968
A holding company, Leucadia National Corporation owns businesses ranging from insurance to telecommunications.
Leucadia National Corporation →
Active · founded 1968
A holding company, Leucadia National Corporation owns businesses ranging from insurance to telecommunications.
Loews Corporation →
Active · founded 1969
Loews Corporation is a holding company with diversified interests in insurance, tobacco, offshore drilling, hotels, and…
Loews Corporation →
Active · founded 1969
Loews Corporation is a holding company with diversified interests in insurance, tobacco, offshore drilling, hotels, and…
American Homestar Corporation →
Active · founded 1971
American Homestar Corporation, one of the leading producers of site-assembled manufactured housing in the United…
American Homestar Corporation →
Active · founded 1971
American Homestar Corporation, one of the leading producers of site-assembled manufactured housing in the United…
The PMI Group, Inc. →
Active · founded 1972
Based in San Francisco, The PMI Group, Inc., operating through several wholly owned or partially owned subsidiaries, is…
The PMI Group, Inc. →
Active · founded 1972
Based in San Francisco, The PMI Group, Inc., operating through several wholly owned or partially owned subsidiaries, is…
AEGON N.V. →
Active · founded 1983 · The Netherlands
AEGON N.V., one of the world's ten largest listed life insurance groups, is a prime example of the move toward larger…
AEGON N.V. →
Active · founded 1983 · The Netherlands
AEGON N.V., one of the world's ten largest listed life insurance groups, is a prime example of the move toward larger…
NYMAGIC, Inc. →
Active · founded 1998
With headquarters in New York City, NYMAGIC, Inc.
NYMAGIC, Inc. →
Active · founded 1998
With headquarters in New York City, NYMAGIC, Inc.
Aviva PLC →
Active · founded 2000 · United Kingdom
The product of multiple mergers, Aviva PLC is the United Kingdom's largest insurance and financial services group and…
Aviva PLC →
Active · founded 2000 · United Kingdom
The product of multiple mergers, Aviva PLC is the United Kingdom's largest insurance and financial services group and…
Build It Today

Starting a direct property and casualty insurance carriers (pt) company now

Each week we rebuild one of these stories for today's tools and capital.