Guardrisk Insurance Company Ltd And RMB Structured Insurance Limited Personal Lines, Commercial Lines and SMart Device Insurance Business Managed by CIB (Pty) Ltd
Case Number
LM235Mar17
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
31-05-2017
Competition Tribunal Members
Norman Manoim, Enver Daniels, Imraan Valodia
Industry
Insurance
Relevant market
Broad market for provision of short-term insurance productsNarrow market for short term poperty, transport, motor, accident and health, liability, and miscellaneous marketscommercial short term insurancepersonal short term insurance products
Sector
Financial and insurance activities
Case File 2
Case File 3
Case Name
Guardrisk Insurance Company Ltd And RMB Structured Insurance Limited
Primary Acquiring Firm
Guardrisk Insurance Company Ltd
Primary Target Firm
RMB Structured Insurance Limited