MetLife Inc - proposed acquisition of Citicorp Life Insurance Limited and Citicorp General Insurance Limited

Summary

Metlife Inc - proposed acquisition of Citicorp Life Insurance Limited and Citicorp General Insurance Limited

Market definition

The supply of direct life insurance and life reinsurance in Australia.

Competition analysis

There is no overlap between Metlife (which has an interest in a life reinsurer in Australia) and Citicorp (which is primarily involved in direct life insurance, as it ceased writing general insurance in 2000).

Initiation

Parties