Nürnberger Versicherung
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Nürnberger Versicherung
Nürnberger Versicherung (proper spelling: NÜRNBERGER) is a German insurance company headquartered in Nuremberg. The group operates in the life, private health, property/casualty and auto insurance segments as well as in the financial services sector, primarily in Germany and Austria. The group's parent company, ''Nürnberger Beteiligungs-Aktiengesellschaft'', is listed on the stock exchange and trades in the over-the-counter segment (formerly Entry Standard). History The roots of today's insurance group lie in the ''Nürnberger Lebensversicherungs-Bank'' founded on February 16, 1884, by Lothar Freiherr von Faber, Friedrich von Grundherr, Johannes Falk, Johan Georg Kugler, Moritz Poehlmann, Samuel Bloch and Karl Wunder. On September 28 of the same year, the Royal Bavarian State Ministry of the Interior granted permission to do business; in December 1884, the first life insurance certificate was issued. Corporate history The ''Nürnberger Lebensversicherungs-Bank'' was founded in ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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