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European Commission Spokesman's Briefing for 97-02-10

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

10/02/97


CONTENTS / CONTENU

  • [01] Single market action plan - Commission organises conference and Internet forum
  • [02] La Commission autorise l'acquisition de Unione Italiana di Riassicurazione S.P.A. par Schweizer Rückversicherungs-Gesellschaft

  • [01] Single market action plan - Commission organises conference and Internet forum

    A conference on priority actions for the completion of the Single Market is being organised by the European Commission on 7 March in Brussels. The conference, open to business and consumer representatives, trade unions, Member States and other interested parties, coincides with the end of consultations on the Communication on the Impact and the Effectiveness of the Single Market (adopted 30/10/96), on the basis of which the Commission is preparing a Single Market Action Plan for the Amsterdam European Council in June. To further facilitate and encourage contributions to the debate on improving the functioning of the Single Market, the Commission has also opened an Internet discussion forum devoted to the issue on the EU's Europa World Wide Web site (http:europa.eu.int/en/record/dg15/index.htm).

    [02] La Commission autorise l'acquisition de Unione Italiana di Riassicurazione S.P.A. par Schweizer Rückversicherungs-Gesellschaft

    La Commission européenne a approuvé une opération par laquelle Schweizerische Rückversicherungs Gesellschaft (Schweizer Re) acquerra le contrôle unique de l'entreprise italienne Unione Italiana di Riassicuriazione S.p.A. (Uniorias). Uniorias était précédemment détenue par l'Istituto Nazionale delle Assicuriazioni S.p.A. (INA). L'opération a lieu à la suite de l'acquisition par Schweizer Re de la Mercantile & General Reinsurance Company (M&G) auprès du britannique Prudential Group, l'année dernière. Cette opération avait fait de l'entreprise un leader sur le marché mondial de la réassurance vie et maladie. Schweizerische Rückversicherungs Gesellschaft est cependant en compétition mondiale avec plusieurs concurrents importants, dont Münchener Rückversicherung, Employers Re et General Re. La part de marché mondiale détenue par Schweizer Re sera inférieure à 15%. L'acquisition de Uniorias ne mènera donc pas à la création d'une position dominante. Pour ces raisons, la Commission a décidé de ne pas s'opposer à la concentration et de la déclarer compatible avec le marché commun et avec le fonctionnement de l'accord de l'EEE.

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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