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Marsh UK Group Limited/HSBC Insurance

M/10/001

Completed

Transaction details

The Competition Authority has, on 08 February 2010, cleared the proposed transaction whereby Marsh & McLennan Companies Inc. would acquire, through its subsidiary MMC UK Group Limited, sole control of HSBC Insurance Brokers Limited.
Case details
  • Notification date:11 January 2010
  • Publication date:11 January 2010
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Insurance and pension services - L.65
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Monday, 11 January, 2010 Notification received
  • Thursday, 21 January, 2010 Third party submission deadline
  • Monday, 8 February, 2010 Determination issued
Parties Involved

Marsh UK Group Limited

Marsh: a subsidiary of MMC, is active worldwide and in Ireland as an insurance broker, intermediary and risk advisor.

 

HSBC Insurance Brokers Limited

HSBC: HIBL is a wholly owned subsidiary of HSBC Insurance Brokers Holdings Limited, which in turn is ultimately a wholly owned subsidiary of HSBC Holdings plc.
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