Justin Delaney

Zurich Financial Services Australia Limited (Zurich) has announced the completion of its acquisition of ClearView Wealth Limited (ClearView) via a members’ scheme of arrangement.

ClearView shareholders will receive cash consideration of A$0.60 per share, equating to aggregate cash consideration of approximately A$385 million.

The acquisition follows approvals received from the Australian Competition and Consumer Commission (ACCC), the Australian Prudential Regulation Authority (APRA), ClearView shareholders and the Supreme Court of New South Wales.

ClearView is an ASX-listed entity and a parent company of ClearView Life Assurance Limited, an Australian life insurer committed to partnering with financial advisers to help Australians and their families achieve peace of mind about their future. As at 31 December 2025, ClearView reported A$436 million in in-force premiums.

Justin Delaney, Chief Executive Officer at Zurich said: “This transaction marks the creation of one of Australia’s largest and fastest-growing life insurers at a time when advice-led protection, prevention and financial security has never been more important.”

“By bringing together Zurich’s leading technology capability and balance sheet strength with ClearView’s established and well-regarded products and market relationships, advisers and customers will benefit from continuity of choice under the efficiency of a single, best-in-class platform,” Mr Delaney said.

Tim Kane, Head of Retail at Zurich said: “This is an exciting moment which combines exceptional team capability and culture across two organisations which have a long history of delivering strong outcomes for Australian customers and advisers.”

“Zurich will retain ClearView’s ClearChoice product, which will remain open to new customers alongside our existing Zurich and OnePath Life offerings.”

“Across all three propositions, we will continue our significant investment in leading technology and people to ensure we are meeting the evolving needs of customers and advisers and delivering the outstanding service we are known for,” Mr Kane said.

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Tim Kane

Zurich Financial Services Australia (Zurich) has published new analysis showing that while Australia is among the highest‑ranking nations for health system performance and reduced mortality, it faces rising levels of morbidity due to chronic illnesses.

The Zurich Chronic Care Index quantifies health system effectiveness relative to the mortality and morbidity burden of more than 200 chronic illnesses – such as cardiovascular disease, cancer and neurological disorders – across all 38 countries in the Organization for Economic Co-operation and Development (OECD).

Australia ranked eighth overall, characterised by low mortality levels and strong system capacity, outperforming countries such as New Zealand, Japan, Sweden, Canada, the United States and United Kingdom.

While medical advancements are helping Australians live longer, the Index found the nation ranked significantly lower than comparable countries for morbidity, as rising numbers of people are living with long-term illnesses requiring high levels of care.

Tim Kane, Head of Retail at Zurich said: “As one of Australia’s largest life insurers, we see the full spectrum of impacts caused by chronic conditions. People are living longer than ever before, but often with long-term illnesses that significantly impact how they live and work, as well as their financial security.”

“This research provides a valuable benchmark to identify strengths, gaps and potential future strains on Australia’s health system. In turn, insurers and other critical parts of the health ecosystem can develop more meaningful and targeted prevention and early intervention programs focused on improving people’s health, productivity and financial resilience,” Mr Kane said.

The Index identifies Australia’s leading contributors for morbidity as mental disorders (close to one in three people), musculoskeletal conditions (one in five) and neurological disorders (one in ten). In 2025, these three condition categories collectively accounted for close to 60 per cent of claims* at Zurich.

The largest contributor to mortality in Australia was neoplasms (two in five deaths), followed by cardiovascular diseases (around a quarter) and neurological disorders (one in ten).

Read the report.

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Tim Kane

Zurich Financial Services Australia (Zurich) have announced it has upgraded its Adviser Portal with new technology that automates the process of sum insured increases for eligible policies^[1].

Using cloud technology, the Portal can now automatically import all quote and customer details when an adviser requests a sum insured change, removing the need to complete a full new business application.

The enhancement removes the existing need to manually input data, resulting in significant efficiencies for advisers.

Tim Kane, Head of Retail at Zurich said: “Zurich’s Adviser Portal has continually been recognised as a leading solution by advisers. A key reason for this is our ongoing investment in evolving the platform in response to their needs.”

“By removing the manual burden from sum insured changes, which still exists across most other portals industry-wide, advisers can spend less time on admin and more time focusing on their clients’ needs,” Mr Kane said.

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Notes:
[1] Zurich Wealth Protection, Futurewise, Ezicover and Active IP.

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