Unanimous arbitration board frees Lars-Eric Petersson

In a ruling dated December 15, 2006, an arbitration board jointly appointed by Skandia Insurance Company Ltd. (publ.) and Skandia’s former CEO, Lars-Eric Petersson, has freed Lars-Eric Petersson from all charges that he removed the ceiling amount in a Skandia incentive program called Wealthbuilder. Lars-Eric Petersson was not personally a beneficiary and thus did not participate in this incentive program.The arbitration board consisted of the district court judge Ingemar Persson, former Supreme Court justice Bertil Bengtsson, and attorney Göran Ekdahl. The arbitration board’s secretary