SINSER Buys U.K. Risk Management Group

May 24, 2000

SINSER Holding AB, part of Sweden’s Skandia Group, announced that it has acquired Risk & Insurance Research Group Ltd.(RIRG) of London for an undisclosed price.

SINSER Holding AB, part of Sweden’s Skandia Group, announced that it has acquired Risk & Insurance Research Group Ltd.(RIRG) of London for an undisclosed price.

The move underlines Skandia’s strategic decision to increase its presence in the Alternative Risk Transfer (ART) market.

RIRG is an independent risk management consultant with expertise in both insurance and reinsurance. Present management will continue to direct RIRG, which will be actively seeking to develop products and business for SINSER.

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