Modern Insurances Life Assigned Rating from Moody s

Invik & Co. AB announced today that Modern Insurances Life's has been
assigned a Baa3 rating from the international rating agency Moody's.

Modern Insurances  Life has  developed  very positively  why  Moody's
assigned a Baa3  Insurance Financial Strength  Rating (IFSR).  Modern
Insurances Life has no prior  rating. The rating will enable  further
expansion possibilities for the  life insurance operations in  Sweden
and abroad.


For further information, please visit www.invik.se or contact:


Anders Fällman, President and CEO +46 (0)8 562 000 20
Mattias Björk, CFO                +46 (0)8 562 000 58


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Invik is a finance group with a broad product profile focusing on
insurance, banking and fund management. Invik is active in a number
of carefully selected segments in which the Group can create high
growth and build long-term, successful companies, while consistently
focusing on profitability. Group companies are distinguished by their
constant efforts to seek new avenues for growth in profitable niches
in the financial sector.

Invik  is  made  up  of  five  major  financial  operations:   Modern
Insurances Non-life, with its direct insurance operations focusing on
individuals and small companies; Modern Insurances Life, which offers
life, pension and  endowment insurances;  Assuransinvest manages  the
remaining run-off portfolio;  Banque  Invik, a private bank based  in
Luxembourg with operations in  asset management, card operations  and
corporate services and Invik Funds, which pursues fund operations  in
Aktie-Ansvar and Modern Funds. Invik is listed on the Stockholm Stock
Exchange Mid Cap under the name INVKB.