Zurich Insuranceโ€™s Irish arm has agreed to buy RedClick Insurance from Italian insurer Generali for โ‚ฌ337 million, in a deal that will propel it into the top three general insurers in the Republic.

The development is in line with Zurichโ€™s retail strategy for its European business, the Swiss group said in a statement. It will transform its Irish market position to match that of its life insurance business.

The Irish Times reported in December that Zurich and Intact Insurance Ireland, previously known as RSA Ireland, were among a sm

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