# C_2006070EN.01000401.xml

| 22.3.2006 | EN | Official Journal of the European Union | C 70/4 |
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22.3.2006

EN

Official Journal of the European Union

C 70/4

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Prior notification of a concentration

(Case COMP/M.4059 — Swiss Re/GE Insurance Solutions)

(2006/C 70/03)

(Text with EEA relevance)

| 1. | On 15 March 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Swiss Reinsurance Company (‘Swiss Re’, Switzerland) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of a substantial part of the direct insurance and reinsurance businesses of General Electric Company (‘GE IS’, USA) by way of purchase of shares and assets. |
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1.

On 15 March 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Swiss Reinsurance Company (‘Swiss Re’, Switzerland) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of a substantial part of the direct insurance and reinsurance businesses of General Electric Company (‘GE IS’, USA) by way of purchase of shares and assets.

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| 2. | The business activities of the undertakings concerned are:






  — | for Swiss Re: the worldwide supply of traditional reinsurance services, both life and non-life, as well as direct life and non-life insurance services; |
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2.

The business activities of the undertakings concerned are:

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for Swiss Re: the worldwide supply of traditional reinsurance services, both life and non-life, as well as direct life and non-life insurance services;

| — | for GE IS: the worldwide supply of traditional reinsurance services, both life and non-life, as well as direct non-life insurance services. |
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for GE IS: the worldwide supply of traditional reinsurance services, both life and non-life, as well as direct non-life insurance services.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved.

| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4059 — Swiss Re/GE Insurance Solutions, to the following address:





  European Commission |
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| Competition DG |
| Merger Registry |
| J-70 |
| B-1049 Brussels |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4059 — Swiss Re/GE Insurance Solutions, to the following address:

European Commission

Competition DG

Merger Registry

J-70

B-1049 Brussels

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(1)  OJ L 24, 29.1.2004, p. 1.

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