Internal restructuring
Location of affected unit(s)
Bremen, Nuremberg
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

300 - 400 jobs
Number of planned job losses
Job loss
Announcement Date
11 June 2013
Employment effect (start)
31 December 2013
Foreseen end date
31 December 2015


Basler Versicherungen, subsidiary of the Swiss insurance group Baloise, is to cut 300 jobs by the end of 2015.

In detail the group has announced a restructuring plan which refers to the closure of its Bremen and Nuremberg sites during 2016. At the same time the company plans to pool resources at sites in Hamburg and Bad Homburg.

Overall, there will about 300 jobs lost by the end of 2015 and 100 more are expected by the end of 2017.

Consulatations with the works council are to commence soon and the company promised that the restructuring will be implemented in a socialy responsible way. 


  • 11 June 2013: Baloise (press release)
  • 12 June 2013: Sueddeutsche


Eurofound (2013), Basler Versicherungen, Internal restructuring in Germany, factsheet number 75561, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75561.