CELEX: 32015M7803
Language: en
Date: 2015-12-15 00:00:00
Title: Commission Decision of 15/12/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7803 - MSI / AMLIN) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 15.12.2015
                                        C(2015) 9595 final

                                        [pic]

|To the notifying party:                                                |                                                                       |
|                                                                       |                                                                       |

Dear Sirs,

Subject:    Case M.7803 - MSI / AMLIN
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 19 November 2015, the European Commission received notification of  a  proposed  concentration  pursuant  to  Article  4  of  the  Merger
    Regulation by which Mitsui Sumitomo Insurance Company, Limited (“MSI”, Japan), a wholly-owned subsidiary of MS&AD Insurance Group  Holdings,
    Inc. (“MS&AD”, Japan), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Amlin plc.  (“Amlin”,
    UK) by way of purchase of shares.[3]

 2. The business activities of the undertakings concerned are:

  – for MS&AD (including MSI): public insurance holding company listed on the Tokyo and Nagoya stock exchanges, active in the provision of  life
    insurance, non-life insurance and reinsurance primarily in Japan and Asia but also globally;

  – for Amlin : public insurance company listed on the London Stock Exchange, active in the provision of non-life insurance and  reinsurance  to
    companies and individuals in the EEA. Almin is also active globally in the insurance and reinsurance underwriting within Lloyd's market.

 3. After examination of the notification, the European Commission has concluded that the notified operation  falls  within  the  scope  of  the
    Merger Regulation and of paragraph 5(c) of the Commission Notice on a simplified procedure for treatment  of  certain  concentrations  under
    Council Regulation (EC) No 139/2004.[4]

 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose  the  notified  operation
    and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b)
    of the Merger Regulation and Article 57 of the EEA Agreement.

                                        For the Commission
                                        (Signed)
                                        Johannes LAITENBERGER
                                        Director-General

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[1]   OJ L 24, 29.1.2004, p. 1 (the "Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the  European  Union
    ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market"  by  "internal  market".  The
    terminology of the TFEU will be used throughout this decision.

[2]   OJ L 1, 3.1.1994, p. 3 ("the EEA Agreement").

[3]   Publication in the Official Journal of the European Union No C 394, 27.11.2015, p. 13.

[4]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE