Corporate Histoy 1891 - 1900
| previous 1881 - 1890 |
| 1893 |
The Chicago World's Fair opens on a 278 hectare site. As members of the Association of European Insurance Companies, Swiss Re and 'Prudentia' insure the visitors to the fair on their journey to and their stay in the United States. |
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As part of employee welfare the 'Officers' Welfare Fund' is separated from the company's assets. |
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1897 |
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Operating railways bring new hazards. As early as the mid-19th century the Railway Passenger Assurances Company is established in England as the first insurance company to cover travel hazards. In the wake of increasing travelling, Swiss insurers also grant cover against travelling risks towards the end of the century. |
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On 1 July 1897, a group Life insurance policy is concluded with the Swiss Life and Pensions Company. This provides insurance coverage for employees of Swiss Re after three years of service up to the age of 60. |
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An Extraordinary General Meeting resolves to increase Swiss Re's share capital from 6 to 8 million Swiss francs. |
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| 1900 |
The company's book-keeping is subject to constant change, with one system superseding another. From 1864 to 1924 book-keeping is done manually, initially according to the Italian model. Later a combination of Italian, German and French methods is used. In 1919 the American Journal is additionally adopted. |
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1864:
1900: 1920: 1963: 1987: |
84 accounts in 473 accounts in 9330 accounts in 51,000 accounts in ca. 95,000 accounts in |
8 currencies 25 currencies 34 currencies 102 currencies 104 currencies |
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| previous 1881 - 1890 |
