(Bloomberg) -- Zurich Insurance Group AG, Switzerland’s biggest insurer, is increasing job cuts and relocations to a total of at least 1,800 at the company reduces costs and overhauls its biggest unit.

The company will move 300 positions in group operations out of Switzerland by the end of 2018 as part of the $1 billion cost reductions announced in May, said Sylvia Gaeumann, a spokeswoman for the insurer in Zurich. In the corporate business of its general insurance unit, 360 positions will be affected globally by 2017, including dismissals, canceled openings and relocations, she said.

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