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Home›Insurance›Industry & Deals›European Commission approves Zurich acquisition of Bea…

European Commission approves Zurich acquisition of Beazley

Reported · Written up by our desk · Industry & Deals

The European Commission has approved Zurich Insurance Group Ltd.’s acquisition of sole control of London-headquartered specialist insurer Beazley under the EU Merger Regulation, Reinsurance News reports.

The regulator said the deal would not raise competition concerns because both companies have limited market positions, and it was reviewed under the simplified merger procedure.

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Sources

Reinsurance NewsEuropean Commission approves Zurich’s acquisition of Beazley

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