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 parties:

Primary Acquiring Firm: Guardrisk Insurance Company Ltd Primary Target Firm: RMB Structured Insurance Limited

Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2017-05-31
Sector: Financial and insurance activities
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
Competition Tribunal Members: Norman Manoim, Enver Daniels, Imraan Valodia

Case Files

Reasons for Decision	112,3KB
2017-05-31-Guardrisk Insurance Company Ltd And RMB Structured Insurance Limited-MediaRelease.docx	24,1KB