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The information below comes from the UK Activity Report.
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Zurich Insurance Zurich Insurance is to relocate 585 jobs from Stanhope Road, Portsmouth, to a new multi-million pound office in Whiteley by the end of the year. 01-Mar-2007 Zurich Insurance is to set up a new 52,000 sq ft office at the Solent Business Park in Fareham. 16-Oct-2006 Zurich is to close insurance offices in Liverpool, Newcastle, London and Reading, in order to centralise its business in Portsmouth, and some of the 140 staff involved are expected to relocate. 01-Feb-2000 GE Capital has acquired Eagle Star Re, the reinsurance division, from Zurich Financial Services for undisclosed terms, but ZFS is to retain the remainder of its UK reinsurance business following the collapse of a proposed management buyout. 10-Oct-1998 Zurich Reinsurance is discussing the possible sale of its London office to a management team. 04-Sep-1998 Zurich Re, the reinsurance company, is negotiating a management buy-out, and a deal could be completed before its Swiss parent merges with BAT's financial services division. 06-Aug-1998 Zurich Group of Switzerland is planning to reorganise its asset management operations following the merger with BAT's financial services business, and London will be used as the base for international expansion. 22-Jun-1998 Zurich Group of Switzerland is planning to acquire BAT Industries' financial services companies, including Eagle Star and Allied Dunbar, which are valued at almost £10bn. 13-Oct-1997 Zurich has acquired Scudder, Stevens & Clark, the US fund management company, in a £1.01bn deal which will reduce its reliance on the cyclical insurance industry. 28-Jun-1997 Zurich Insurance is introducing a new motor insurance policy that will provide multinational companies with a single policy for their international car fleets. 13-Jan-1997 Zurich Insurance is setting up new offices in Portsmouth and Leeds, but closing offices in Maidstone, Milton Keynes, Manchester, Southampton, Birmingham, Cardiff, Bristol, Nottingham and Glasgow, with the net loss of about 100 jobs. 19-Apr-1996 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007