Guardrisk Life Limited And The Standard General Insurance Company Limited

Case number: LM193Jan17
Case parties: Primary Acquiring Firm: Guardrisk Life
Primary Target Firm: Standard General Insurance Company
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2017-03-29
Sector: Financial and insurance activities
Industry: Insurance
Relevant market: The market for the provision of individual long term credit life insurance products in South AfricaThe market for the provision of corporate long term credit life insurance products in South Africa
Competition Tribunal Members: Yasmin Carrim, Andiswa Ndoni, Medi Mokuena