Allianz Australia is the subsidiary of a German company (the parent company, Allianz SE, is headquartered in Munich, Germany) and many forget Allianz was a major supporter of the Nazi movement with Hitler's first cabinet including the head of Allianz as a cabinet member. On June 30, 1933, Kurt Schmitt, Allianz Director-General, was appointed Economics Ministers for the Third Reich under Adolf Hitler.
https://en.wikipedia.org/wiki/Allianz
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n 1993 Henning Schulte-Noelle commissioned a new Archive for Corporate History, becoming the first Allianz CEO to address the company's activities during the Third Reich. In 1997 Schulte-Noelle asked Gerald Feldman, historian from the University of California-Berkeley, if he would undertake a larger research project on Allianz's past involvement with the Third Reich.[85] After research began, Jewish World War II survivors and their descendants took Allianz and other European insurance companies to court, accusing them of unpaid insurance policies.[86] Allianz and four other insurers supported the creation of the International Commission on Holocaust Era Insurance Claims (ICHEIC).[87]
Furthermore, Allianz became a founding member of the German Foundation "Remembrance, Responsibility and Future".[88] Feldman published the comprehensive results of his research in September 2001. Based on these results Allianz established an exhibition in the Archive for Corporate History and on the Internet.[89] The research concluded that Allianz, as an organization and through its corporate officers, voluntarily partnered with the Nazi Regime and the Third Reich, starting as early as the early 1930s and continuing all the way through to the collapse of the Third Reich.[90]
Feldman summarized his findings stating: "It was just one more piece of business in the Third Reich, but it demonstrated that such pieces on any large scale made contact at some point with all that is represented by the name 'Auschwitz'– from slave labor to extermination – virtually inescapable."[91]
Major General Gustav Lombard, the former commander of the Waffen-SS’ 8th SS Cavalry Division Florian Geyer, worked for Allianz in Munich after the war's end.
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