Swiss Re, a reinsurance company, says it plans to move its headquarters and 400 jobs from Overland Park, Kansas, to downtown Kansas City.
The move is expected in late 2018.
President and CEO Eric Smith says the move will bring the company closer to its lead U.S. regulator and provide a more modern workplace.
Wednesday’s announcement came after Gov. Eric Greitens visited Swiss Re’s headquarters in Zurich, Switzerland, last week to promote Missouri’s business climate.
The Missouri Department of Economic Development said Swiss Re could access up to $19.8 million in public incentives through the Missouri Works program over the next five years.
Swiss Re is a $33 billion global business that provides insurance for insurance companies.
Topics Reinsurance Missouri Kansas
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: ‘Big Tobacco’ Moment for Cannabis – What to Know About Murray v. Cresco 
High-Powered Dads Are Spending Less Time at Work, More on Childcare 
US Efforts to End Iran War Stumble as Ship Seized Near UAE 
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market 
