Länsförsäkringar named Non-life Insurance Company of the Year and Life Assurance Company of the Year for second consecut

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Länsförsäkringar named Non-life Insurance Company of the Year and Life Assurance Company of the Year for second consecutive year For the second year in a row, Swedish companies have named Länsförsäkringar as the Non-Life Insurance Company of the Year and the Life Assurance Company of the Year. The awards were established by the business weekly Affärsvärlden through its annual Financial Barometer survey in which nearly 1,000 decision-makers in companies with more than 200 employees are questioned regarding their views on existing and potential suppliers of financial services. "Our local presence with 24 regional Länsförsäkringar companies and 140 offices throughout the country means that we have a close relationship with our customers. We can adapt to local conditions, and because we are always close to customers, we can quickly and easily assist them in matters relating to both banking and insurance," says Carl Dahlberg, Managing Director, Länsförsäkringar Stockholm. Länsförsäkringar was the winner in virtually all categories in this year's survey. These included price, customer offering, service and treatment of customers. The Life Assurance Company of the Year award was shared with KPA, as was the case last year. "The finest recognition that a customer-owned company can receive are awards based on customer opinion. The awards are a source of pride and at the same time an excellent testimonial for our employees. Over a number of years, we have worked conscientiously to be the best partner for business customers in the life assurance sector. These efforts are now beginning to produce results," says Hans Benndorf, Managing Director, Länsförsäkringar Liv. For further information, contact: Carl Dahlberg, Managing Director Länsförsäkringar Stockholm +46-8 562 832 88 carl.dahlberg@sth.lansforsakringar.se +46-73 968 3208 Hans Benndorf, Managing Director, Länsförsäkringar Liv +46-8 588 408 14 hans.benndorf@lansforsakringar.se +46-73 964 08 14 Dag Rosander, Press Officer, Länsförsäkringar AB +46-8 588 414 99 dag.rosander@lansforsakringar.se +46-73 964 14 99 Länsförsäkringar, with 24 independent regional insurance companies and the jointly owned Länsförsäkringar AB, is Sweden's only customer-owned and locally based banking and insurance group. Länsförsäkringar has Sweden's most satisfied customers and is the most competitively priced bank with the most loyal customers according to the Swedish Quality Index. Länsförsäkringar is the "Life Assurance and Non-life Insurance Company of the Year" according to the Affärsvärlden business weekly and was named "Bank of the Year 2002" by the Privata Affärer business magazine. Länsförsäkringar offers a broad range of insurance and financial services for companies and private individuals. Länsförsäkringar is the market leader in the Swedish non-life insurance segment, with a market share of 32%. The market share in life and pension assurance is 10.9% and 2.9% in banking. Länsförsäkringar also includes Agria Djurförsäkring (animal insurance). Länsförsäkringar manages assets of SEK 140 billion. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net

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