More than 100 jobs at risk as Zurich to shift EEA base to Germany via IrishTimesBiz
Zurich Insurance will move its EEA HQ to Germany. Photograph: Adrian Moser/Bloomberg NewsZurich Insurance plans to shift its European Economic Area holding company from Ireland to Germany following Britain’s departure from the European Union, the boss of the insurer’s European division said.
The decision to transfer the company, Zurich Insurance Plc, will affect 110 jobs, Zurich EMEA CEO Alison Martin told Reuters by phone. Zurich’s domestic Irish insurance business, which employs 1,100 people, will not be affected, she added. Staff working in Dublin for Zurich Insurance Plc will be consulted about moving with the holding company, within the wider firm or about redundancy, Martin said.
Zurich Insurance Plc also covered British operations but that will change at the end of this year as temporary permissions regimes end, Martin said.
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