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MN-55016

Zurich / ClearViewMN-55016

View on ACCC

Processing timeline

23

days

Filed

21 Apr 2026

Zurich - ClearView - Phase 1 determination

Decision

14 May 2026Zurich - ClearView - Phase 1 determination
Type
Notification
Outcome
Approved
Stage
Phase 1 - initial assessment
Status
Assessment completed

Parties

Acquirer(s)

ZURICH FINANCIAL SERVICES AUSTRALIA LIMITED ABN - 11 008 423 372

Target(s) or Vendor(s)

CLEARVIEW WEALTH LIMITED ABN - 83 106 248 248

Other parties

ZURICH SERVICES (AUSTRALIA) PTY LIMITED ABN - 17 627 298 337, ZURICH ASSURE AUSTRALIA PTY LIMITED ABN - 58 657 804 736, Cover-More Group, ZURICH AUSTRALIAN INSURANCE PROPERTIES PTY LTD ABN - 79 002 463 292, ZURICH FINANCE (AUSTRALIA) LIMITED ABN - 48 618 177 423, ZURICH AUSTRALIA LIMITED ABN - 92 000 010 195, INSITE HOLDINGS PTY LTD ABN - 97 082 656 273, ZURICH AUSTRALIAN PROPERTY HOLDINGS PTY LTD ABN - 91 620 869 230, ZURICH AUSTRALIAN INSURANCE LIMITED ABN - 13 000 296 640, OnePath General Insurance Pty Ltd ABN - 56 072 892 365

Summary

Zurich Financial Services Australia Limited has acquired all shares in ASX-listed ClearView Wealth Limited. This transaction combines two Australian financial services companies operating in the life insurance sector, offering products like life, income protection, TPD, and trauma insurance via adviser channels.

Acquisition details

Zurich Financial Services Australia Limited (Zurich) proposes to acquire all of the issued shares in ClearView Wealth Limited (ClearView) (the Acquisition). ClearView is an ASX-listed company which, through its wholly owned subsidiary, ClearView Life Assurance Limited, offers a range of life insurance products to customers in Australia including life, income protection, total & permanent disability (TPD) and trauma insurance. ClearView primarily supplies these life insurance products under its ClearChoice brand and via the retail adviser channel (i.e. via financial advisers). Zurich is an Australian financial services company that is ultimately owned by Zurich Insurance Group Ltd, a company listed on the SIX Swiss Exchange. Zurich, through its wholly owned subsidiary, Zurich Australia Limited, manufactures and supplies life insurance products to customers in Australia through two brands, Zurich and OnePath Life, including cover for life, income protection, TPD and trauma insurance. Zurich’s subsidiary, Zurich Assure Australia Pty Limited (Zurich Assure), provides financial product advice to customers, including independent advice in relation to life insurance products.

Industry

Broad:Financial Services & InsuranceANZSIC 6310:Life InsuranceANZSIC 6322:General Insurance

Decisions and key events

14 May 2026Zurich - ClearView - Phase 1 determinationAttachmentPDF154.3 KB

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