Official homepage:

Ø

Branch:

Financial services

Status:

Liquidated

Announced intention on1:

Ø

Official process initiated on2:

Ø

Registered on/in:

30-06-2005, Munich (Germany)

Seat before SE:

n/a

Seat of SE:

Munich (Germany)

Form of establishment:

Merger

Companies concerned:

AZ-Argos 16 AG (Germany), International Reinsurance Company SA (Luxembourg)

Corporate governance structure before SE:

n/a

Corporate governance structure of SE:

Two-tier3

Total number of employees worldwide:

No employees

Countries of operation:

Ø

Countries concerned:

Ø

National trade unions involved:

Ø

European trade union federations involved:

Ø

EWC formerly existed:

n/a

Establishment of SNB:

Ø

Board-level employee representation before SE foundation:

n/a

Distribution of SNB seats:

Ø

Content of agreement:

Ø

Motives:

Ø

Comments:

• International Reinsurance Company SA (Luxembourg) which is an affiliate of Allianz AG was merged with the SE

• Then the SE was merged into Allianz AG (Germany) by merger plan of 29-08-2005

• In this case, the SE was used as a vehicle to merge the International Reinsurance Company SA with Allianz AG – which otherwise would have been problematic, even after the Sevic-Case (ECJ Case C-411/03)

Last update:

07-04-2006

References:

• Supplement of the Official Journal 2005/S 179-177589