Skandia sells Sinser

Skandia sells Sinser Skandia today agreed to sell the Sinser group to Aon Corporation. Sinser's main business involves services for captive insurance companies and risk management consulting. Sinser is a global company with 13 subsidiaries in ten countries, and annual sales of approximately SEK 120 million. Its customers consist primarily of medium-sized and large corporations. Sinser currently handles the administration of more than 250 captives and is thus one of the largest players in the market. The buyer of Sinser, Aon Corporation, has a presence in over 120 countries with shares listed on the New York, London and Frankfurt stock exchanges. Aon is one of the world's leading insurance broking and consulting organisations with extensive business in the areas of risk management consulting and captive administration. "The sale of Sinser is a continuation of our strategy of being a pure- play global savings company," comments Ulf Spång, Executive Vice President and CFO of Skandia. "With Aon, Sinser will have a competent, well-suited owner that can further develop the company." For further questions, please contact: Ulf Spång, Executive Vice President and CFO, Skandia, phone. +46-8-788 2905 Birgitta Hammarström, Press Manager, Skandia. phone + 46-8-788 27 55, + 46-70-378 27 55 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/08/06/20010806BIT00250/bit0002.doc http://www.waymaker.net/bitonline/2001/08/06/20010806BIT00250/bit0002.pdf