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Zurich Australia finalises $275m ClearView Wealth takeover

Zurich Australia finalises $275m ClearView Wealth takeover

Zurich Financial Services Australia has finalized its acquisition of ClearView Wealth through a members scheme of arrangement (SoA). ClearView shareholders will receive A$0.60 per share in cash, totaling around A$385m. The deal, announced in February, required approval from the ACCC, APRA, ClearView shareholders, and the Supreme Court of New South Wales.

Zurich will keep ClearView's ClearChoice product, which will continue to accept new customers alongside other offerings. Retaining ClearView, a life insurer with A$436m in premiums as of December 2025, Zurich aims to become one of Australia's fastest-growing insurers during a time when financial security is crucial.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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