# C_2004298EN.01000301.xml

| 3.12.2004 | EN | Official Journal of the European Union | C 298/3 |
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3.12.2004

EN

Official Journal of the European Union

C 298/3

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Prior notification of a concentration

(Case COMP/M.3620 — Codan et al./NAI/JV)

Candidate case for simplified procedure

(2004/C 298/03)

(Text with EEA relevance)

| 1. | On 25 November 2004, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Forsikringsselskabet Codan A/S (‘Codan’, Denmark), which is controlled by Royal & Sun Alliance Insurance Group plc (UK), TrygVesta A/S (‘Tryg’, Denmark), Topdanmark Forsikring A/S (‘Topdanmark’, Denmark), Norway Energy & Marine Insurance ASA (‘Nemi’, Norway), Tryggingamidstödin HF (‘Trygginga’, Iceland) and Converium Ltd (‘Converium’, Switzerland), which is controlled by Converium Holding Ltd (Switzerland), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control in a newly created undertaking Nordic Aviation Insurance Ltd (‘NAI’, Denmark) by way of purchase of shares. |
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1.

On 25 November 2004, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Forsikringsselskabet Codan A/S (‘Codan’, Denmark), which is controlled by Royal & Sun Alliance Insurance Group plc (UK), TrygVesta A/S (‘Tryg’, Denmark), Topdanmark Forsikring A/S (‘Topdanmark’, Denmark), Norway Energy & Marine Insurance ASA (‘Nemi’, Norway), Tryggingamidstödin HF (‘Trygginga’, Iceland) and Converium Ltd (‘Converium’, Switzerland), which is controlled by Converium Holding Ltd (Switzerland), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control in a newly created undertaking Nordic Aviation Insurance Ltd (‘NAI’, Denmark) by way of purchase of shares.

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






  — | for Codan: general insurance company, |
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2.

The business activities of the undertakings concerned are:

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for Codan: general insurance company,

| — | for Tryg: general insurance company, |
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for Tryg: general insurance company,

| — | for Topdanmark: general insurance company, |
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for Topdanmark: general insurance company,

| — | for Nemi: insurance company with a focus on insurance for hydro energy providers, marine insurance and fish farming, |
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for Nemi: insurance company with a focus on insurance for hydro energy providers, marine insurance and fish farming,

| — | for Trygginga: insurance company offering non-life products, |
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for Trygginga: insurance company offering non-life products,

| — | for Converium: reinsurance, life and non-life re-insurance, |
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for Converium: reinsurance, life and non-life re-insurance,

| — | for NAI: aviation insurance company. |
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for NAI: aviation insurance company.

| 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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 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.3620 — Codan et al./NAI/JV to the following address:





  European Commission |
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| Directorate-General for Competition, |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

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.3620 — Codan et al./NAI/JV to the following address:

European Commission

Directorate-General for Competition,

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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

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(2)  Available on DG COMP website:

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http://europa.eu.int/comm/competition/mergers/legislation/consultation/simplified_tru.pdf.

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