Søe-Assurance Compagniet
# Søe-Assurance Compagniet

Det Kongelige octroierede Søe-Assurance Compagni, often referred to as Søe-Assurance Compagniet, was founded in 1728 as the first marine insurance company in Denmark. It held a monopoly on marine insurance in Denmark until 1786.

## History

Det Kongelige octroierede Søe-Assurance Compagni was founded in the Børsen building in Copenhagen in 1728. Its monopoly on marine insurance was challenged by Niels Ryberg [da] and other major merchants and ship-owners towards the middle of the century. Its monopoly was finally lifted in 1783, leading to the formal establishment of De private Assurandeurer in 1786. The company existed until 1930.

