The ratings agency has maintained a positive watch on ClearView following a strategic business simplification and the announcement of a planned A$415m acquisition by Zurich.
The ratings agency has signalled a potential upside for ClearView on account of the acquisition likely enhancing Zurich’s competitiveness in the advised retail life channel, where ClearView maintains a...
ASIC made the stop order to protect consumers from acquiring life insurance that may not be suitable for their objectives, financial situation, or needs.