LONDON (Reuters) - Zurich Insurance (>> Zurich Insurance Group Ltd) said on Thursday it expects to cut 240 jobs in Britain following the merger last year of its UK life and general insurance businesses into one division.

The job cuts would mainly be in back office functions, Zurich said in a statement.

"The steps we are undertaking will make us sustainable in a highly competitive market, creating a platform for growth," said Tulsi Naidu, chief executive of Zurich's UK business.

Rival insurer Aviva (>> Aviva plc) said earlier on Thursday it would also merge its UK life and general insurance businesses.

(Reporting by Carolyn Cohn; editing by Simon Jessop)

Stocks treated in this article : Zurich Insurance Group Ltd, Aviva plc