The Hollard Insurance Company Ltd And Lombard Insurance Company Ltd (Lombard) in respect of part of its business comprising of certain policies and assets of Lombard Broker Partners

Case number: LM138Dec24
Case parties: Primary Acquiring Firm: The Hollard Insurance Company Ltd
Primary Target Firm: Lombard Insurance Company Ltd (Lombard)
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2025-02-19
Sector: Financial and insurance activities
Industry: Insurance
Relevant market: Non-Life Insurance
Competition Tribunal Members: Andiswa Ndoni, Geoff Budlender, Mondo Blessing Mazwai