If's A- rating affirmed by Standard & Poor's

If's A- rating affirmed by Standard & Poor's Standard & Poor's has today issued a press release affirming the A-minus group ratings for If. Standard & Poor's recognise If's strong business position and strong financial flexibility. Comment from Torbjörn Magnusson, CEO: "We welcome the affirmation by Standard & Poor's, as our aim is to maintain an A-rating. During this year, If's core operating performance has improved, as noted by the rating agency. Our insurance result has gradually turned positive, and we will continue our work to achieve further improvements, while maintaining our strong customer focus." Investor relations: Elisabeth Wisén phone: +46 8 788 24 28 Media: Helena Dyrssen phone: +46 8 788 23 35 or +46 70 529 2335 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/27/20021127BIT00590/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/27/20021127BIT00590/wkr0002.pdf