[tps_title]5. Allianz[/tps_title]
Allianz is the twelfth largest financial services company in the world. Founded in Germany in 1890, it’s no surprise that they were the largest insurer in Germany when the Nazis came to power. As such, they quickly became heavily involved with the Nazi regime.
Their CEO, Kurt Schmitt, was also Hitler’s economics minister, and the company insured the facilities and personnel at Auschwitz.
Their Director General was in charge of the policy that paid the Nazi state instead of the rightful beneficiaries when Jewish property was damaged following Kristallnacht.
What’s more, the company worked closely with the Nazi government to track down the life insurance policies of German Jews sent to the death camps and, during the war, insured the possessions stripped from those same Jewish people on behalf of the Nazis.
