48 hours have elapsed since I posted that one of my insurance companies are relocating some of their operations to Germany, as I suggested they would 30 months ago.

The operative word is "SOME"
THis makes sound sense for any number of reasons, but chiefly regulatory.

Why overlook Jaguar Land Rover moving 2,350 jobs to Slovakia with the help of £110m sweetener offered under EU rules before it axed 4,500 British workers.
This has been happening for years.

https://www.ft.com/content/74ab02a6-fd85-11df-a049-00144feab49a

From my experience trying to transfer a policy from one country to another or even have them communicate details in order to take out a new policy is simply not going to happen. They are totally discrete fiefdoms. Therefore it makes perfect sense for the profit center to be administered within the same country, especially if changes in the regulatory environment are envisaged.