Zurich Insurance Europe AG

Who We Are

Zurich Insurance Europe AG (“ZIE”) is a wholly owned subsidiary of Zurich Insurance Group Ltd. ZIE is a German corporation and is Zurich Insurance Group’s main legal entity for writing non-life insurance business in Europe.

ZIE is regulated by the German insurance regulator, BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht). ZIE is based in Frankfurt, Germany, and writes non-life insurance business in Germany and from its eleven regulated branches in the European Economic Area: Belgium, Denmark, France, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain and Sweden.

ZIE offers a wide range of non-life insurance products and services to a broad customer base including individuals, small businesses, commercial enterprises, and mid-sized, large, and multinational corporations.

Until January 1, 2024, ZIE was known as Zurich Insurance plc (ZIP). ZIP was incorporated in Dublin, Ireland, and was regulated by the Central Bank of Ireland.

Effective January 2, 2024, ZIE moved to Frankfurt, Germany, by means of a cross-border conversion under the European Directive on cross-border conversions, mergers, and divisions. While ZIE has changed its name and has converted to an AG, it has preserved its legal personality in the conversion (i.e., no transfer of assets, dissolution or winding up were involved in this move).

The head office move had no material impact on ZIE’s organization, customer facing and business activities in the local markets ZIE operates in. The local regulators continue to supervise ZIE’s conduct in local markets.

Corporate Governance Overview

The Zurich Insurance Group is committed to effective governance for the benefit of its shareholders, customers, employees, and other stakeholders based on the principles of fairness, transparency, and accountability.

ZIE operates within the corporate governance guidelines of the Zurich Insurance Group and applicable legal and regulatory requirements. Structures, rules, and processes are designed to provide for the proper organization and conduct of the business within the company and to define the powers and responsibilities of its corporate bodies and employees.

Further information on the governance structure will be contained in ZIE’s 2024 Solvency and Financial Condition Report.

For details of ZIP’s governance structure, please click this link where you will find historical versions of ZIP’s Solvency and Financial Conditions Report.