-Caveat Lector-

Insurance agents were vital weapons in World War II


By Mark Fritz Los Angeles Times, 10/15/2000

COLLEGE PARK, Md. - They knew which factories to burn, which bridges to blow
up, and which cargo ships could be sunk in good conscience. They had pothole
counts for roads used for invasions, and head counts for city blocks marked
for incineration.

They weren't just secret agents. They were secret insurance agents. These
undercover underwriters gave their World War II spymasters access to a
global industry that both bankrolled and, ultimately, helped bring down
Adolf Hitler's Third Reich.

Declassified US intelligence files have told the remarkable story of the
secret Insurance Intelligence Unit, a component of the Office of Strategic
Services, or OSS, a forerunner of the CIA and its counterintelligence
branch, X-2.

Although rarely numbering more than a half-dozen agents, the unit gathered
intelligence on the enemy's insurance industry, Nazi insurance titans, and
suspected collaborators in the insurance business. But, more significantly,
the unit mined standard insurance records for blueprints of bomb plants,
timetables of tide changes, and thousands of other details about targets,
from a brewery in Bangkok to a candy company in Bergedorf, Germany.

''They used insurance information as a weapon of war,'' said Greg Bradsher,
a National Archives historian and a specialist on the declassified records.

That insurance information was critical to Allied strategists, who were
seeking to cripple the enemy's industrial base and batter morale by
firebombing cities.

''Within a few days, a conference on the burning possibilities of some
important cities will be held,'' unit chief Robert ''Lucky Luke'' Rushin
wrote to a colleague in February 1944, when he was sending data to an Allied
bombing-target committee. ''I have reproductions of approximately 150 plans
covering Jap plants about ready to ride.''

The files, at the National Archives office in College Park, are among the US
intelligence documents ordered declassified by President Clinton last year
to speed the identification of Nazi assets.

Most of the research attention there has focused on what US intelligence
knew about the Holocaust, the whereabouts of Nazi loot, the migration of
Nazi war criminals, and how much important information never made it to the
Oval Office.

But the documents suggest that insurance played an important, if
less-noticed, role in the war. The OSS insurance unit was launched in early
1943, long after it had become clear that the Nazis were using their
insurance industry not only to help finance the war but to gather strategic
data.

American insurance companies had been competing for overseas business even
after the United States entered the war, and the OSS files suggest that
details about US factories and cities were falling into enemy hands because
of the interlocking international relationships among insurance companies.

Germany had 45 percent of the worldwide wholesale insurance industry before
the war began, and it managed to expand its business as it conquered
continental Europe. As wholesalers, or ''reinsurers,'' these companies
covered other insurers against a catastrophic loss that could wipe out a
single company. In the process, the wholesaler learned everything about the
lives and property it was reinsuring.

The motives of the OSS unit's founders were both pragmatic and patriotic.

''This story is incredible because the unit begins as part of the desire of
American interests to contribute to the war effort and exploit it for future
economic gain,'' said Timothy Naftali, a historian and a consultant to a
congressional working group on Nazi war criminals.

The men behind the insurance unit were the OSS head, William ''Wild Bill''
Donovan, and the California-born insurance magnate Cornelius V. Starr.

Starr had started out selling insurance to Chinese in Shanghai in 1919 and,
over the next 50 years, would build what is now American International
Group, one of the biggest insurance companies in the world. He was forced to
move his operation to New York in 1939, when Japan invaded China.

German-owned companies were blacklisted by the Allies, but the Insurance
Intelligence Unit found that the Nazis did business through countries such
as Switzerland and laundered transactions through South American affiliates,
particularly in Argentina.

Starr's group and other insurance executives had intimate knowledge of the
people involved in the global insurance business, so they were able to track
potential collaborators.

Among those they investigated was Carl Theodore Endemann, a naturalized
American from Germany who was assigned by the American Foreign Insurance
Association to Paris in the 1930s. When war broke out, Endemann sided with
the Nazis. When France capitulated, Endemann contacted the Germans and gave
them exceptionally detailed blueprints, maps, and other information to aid
Erwin Rommel's war in North Africa.

When the tide of the war turned, and German insurers began losing money, the
US insurance agents learned that Nazi insurers were pleading for peace. A
source in Stockholm reported in late 1943 that insurers had advised Hitler's
people that ''ruin threatens all life and fire insurance companies in
Germany.''

As Germany was heavily bombed and casualties mounted, the Nazis prohibited
insurance companies from selling new policies - a drastic measure that even
prompted complaints in the newspapers. Life insurance and the interest it
earned had been viewed as stable investments for Germans who remembered the
hyperinflation that followed World War I.

With the Axis defeat imminent, US intelligence officials focused greater
attention on ways the Nazis would try to use insurance to hide and launder
their assets so they could be used to rebuild the war machine. It's a task
that continues today.

A commission headed by former secretary of state Lawrence S. Eagleburger is
investigating whether five mostly German-owned insurance companies operating
today ever paid off all the life-insurance policies they sold to Jews, a
target market as the Nazis were ascendant.

After the war, the US Treasury Department wanted to keep harsh economic
restrictions on the defeated Axis powers, but the State Department
prevailed, and German and Japanese insurance industries resumed operations
after the war. Today, for example, Munich Re and Swiss Re are, once again,
the two biggest insurance wholesalers in the world.

Rushin was promoted to the X-2 branch in Washington after his London mission
and then returned to Home Insurance after the war. He retired from the
company, which eventually was crushed by asbestos claims from cancer victims
in the 1970s.

Starr sent insurance agents into Asia and Europe even before the bombs
stopped falling and built what eventually became American International
Group, which today has its world headquarters in the same downtown New York
building where the tiny OSS unit toiled in secrecy.

Starr died in 1968, but his empire endures. American International Group is
the biggest foreign insurance company in Japan, earning $40 billion last
year.

This story ran on page A14 of the Boston Globe on 10/15/2000.
� Copyright 2000 Globe Newspaper Company.

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