FinanceDublin.com - <b>Deals of the Year 2024: </b>Zurich Insurance plc transfer to Germany was an EU first and paves the way for simpler intra-EU corporate conversions

This ground breaking transaction has shown the way for other limited liability companies looking to redomicile and is likely to be a very popular tool within the EU in the coming years and is likely to be a landmark precedent for other (re)insurance companies in the EU who wish to migrate their head office to another EU jurisdiction by way of cross-border conversion.

The winner of the Financial Services: Corporate Conversion Deal of the Year is Zurich Insurance plc’s cross border corporate conversion which was the first ever cross-border conversion of an authorised insurer anywhere in Europe. The transaction saw Irish-based and authorised non-life insurance undertaking Zurich Insurance plc convert into a German stock corporation now called Zurich Insurance Europe AG which is authorised by the German Federal Financial Supervisory Authority (BaFin) and ....

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