( May 22, 2026, 06:29 GMT | Official Statement) -- MLex Summary: Zurich Insurance Group's plan to wholly acquire Beazley is under review by Australia's competition watchdog. In a Friday statement, the Australian Competition & Consumer Commission said Beazley is a UK-based specialty insurer operating in Australia, while Zurich already offers a broad range of life and general insurance products locally. The proposed acquisition creates potential competitive overlap in several insurance segments in Australia, including cyber, marine, SME, corporate property and personal accident, the watchdog said. Submissions are due June 2.Statement follows. Questionnaire attached. ...
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