Minister welcomes Chubb’s relocation to Paris post-Brexit

Attractiveness – Brexit/relocation – Communiqué issued by the Ministry of the Economy and Finance

Paris, 12 September 2017

M. Bruno Le Maire, Minister of the Economy and Finance, had a meeting with Mr Evan Greenberg, Chairman and Chief Executive Officer of Chubb, a major global player in general and liability insurance, health insurance, reinsurance and life insurance.

Bruno Le Maire thanked Evan Greenberg for choosing Paris as the place to relocate his headquarters in the European Union from London, in the context of Brexit.

He reiterated the government’s determination to implement the measures to make the Paris financial market more attractive and enhance its business environment: reduction of tax and social security contributions; simplification of applicable standards, especially on labour law; and boosting of education and transport infrastructures.

These measures will consolidate the Paris market as the leading financial centre in continental Europe./.

Published on 14/09/2017

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