Zurich Australia to acquire ClearView

Zurich Australia has entered into an agreement to acquire ClearView Wealth for $288 million.

ClearView, an ASX-listed entity, is the parent company of ClearView Life Assurance Limited, an Australian life insurer with A$413 million of in-force premiums as of June 30, 2025.

The proposed acquisition has received the unanimous recommendation of ClearView directors.

The acquisition is currently expected to be implemented around the third quarter of 2026.

“The proposed transaction brings together Zurich’s strong capital foundation with ClearView’s established in-market product and advice relationships and represents a clear opportunity to develop the customer experience and competitive offering in the Australian life insurance market.” – Justin Delaney, Chief Executive Officer, Zurich Australia & New Zealand.

“We believe Zurich and ClearView are highly complementary brands in life insurance and that, if the scheme is implemented, Zurich will be a great custodian to continue delivering ClearView’s ClearChoice product that protects what is most important to Australians.” – Geoff Black, Chair of ClearView.