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Germany AG is engaged in the secondary market for life insurance policies in Germany. Its activities are based around the sale and purchase of life insurance investments and their management. For policyholders wishing to terminate their policies early, offers an alternative to encashment. The Company initially purchases the policies on its own account into its trading portfolio, optimizes the policies and resells the packages to investors, such as closed-end funds. After selling the policies, the Company manages them on behalf of the fund until their expiry. As of December 31, 2008, AG owned two subsidiaries: international Vertriebsgesellschaft mbH and Premium Policies SICAV, as well as two affiliated companies: EGERIA Verwaltungsgesellschaft mbH and CORDELIA Verwaltungsgesellschaft mbH.

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