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Zurich/RedClick

M/26/030

Active

Transaction details

The proposed acquisition by Zurich Insurance Group Ltd, through Zurich Insurance Europe AG and Zurich Insurance Company Ltd, of sole control of certain businesses of Generali España de Seguros y Reaseguros, S.A. has been notified to the Competition and Consumer Protection Commission.
Case details
  • Notification date:28 April 2026
  • Publication date:1 May 2026
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Insurance and pension services - L.65
  • Outcome:Pending
Timetable
Current deadline:
10 June 2026

Phase One

  • Wednesday, 29 April, 2026 Notification received
  • Friday, 15 May, 2026 Third party submission deadline
Parties Involved

Zurich Insurance Group Ltd

Zurich Insurance Group Ltd is a Swiss‑incorporated global insurance group providing life and non‑life insurance products to individuals and businesses worldwide. In the State, it is active through subsidiaries, including Zurich Insurance Europe AG (acting through its Irish branch) and Zurich Life Assurance plc, in the provision of life and non‑life insurance products, including motor, home, commercial and life insurance.

 

Generali España de Seguros y Reaseguros, S.A. (RedClick)

Generali España De Seguros Y Reaseguros, S.A. is a Spanish‑incorporated insurance company providing life and non-life insurance products. In the State, it operates through its Irish branch (trading as RedClick and Generali), where it provides non-life insurance products, including motor and home insurance. The proposed transaction involves the transfer of the large majority of the business of its Irish branch to Zurich Insurance Europe AG and the entirety of the business of its UK branch to Zurich Insurance Company Ltd.

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