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Axel P. Lehmann to lead Zurich North America Commercial

June 8 2004

Zurich Financial Services Group (Zurich) announced the appointment of Axel P. Lehmann (45) to Chief Executive Officer (CEO) of Zurich North America Commercial (ZNA), effective September 2004. He succeeds John Amore who, as announced on April 2, is assuming his global leadership role as CEO of General Insurance. While John Amore and Axel Lehmann are retaining their current assignments until September, they will soon start the processes to ensure a smooth transition into their new roles.

As Chief Executive of ZNA, Axel Lehmann will oversee all Zurich North America General Insurance activities. The heads of Zurich North America units will report to him, and, on behalf of the Group Executive Committee (GEC), he will provide the GEC leadership for the US Small Business strategy development.

Axel Lehmann joined Zurich in 1996 and held various positions in corporate development and executive management. He was appointed to the Group Management Board in 2000 and he joined the GEC as CEO of the Continental Europe Business Division in March 2002. His successor at the helm of the European General Insurance businesses will be announced at a later date.

-Ends-

Zurich Financial Services is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Zurich has offices in more than 50 countries and employs about 62,000 people.

For further information please contact:
Zurich Financial Services
Media and Public Relations
8022 Zurich
Switzerland
Tel: +41 (0)1 625 21 00
Fax +41 (0)1 625 26 41
http://www.zurich.com
SWX Swiss Exchange/virt-x: ZURN

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Zurich Insurance plc, a public limited company incorporated in Ireland. Registration No. 13460. Registered Office: Zurich House, Ballsbridge Park, Dublin 4, Ireland. UK Branch registered in England and Wales Registration No. BR7985. UK Branch Head Office: The Zurich Centre, 3000 Parkway, Whiteley, Fareham, Hampshire PO15 7JZ. Authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Services Authority. Details about the extent of our regulation by the Financial Services Authority are available from us on request. FSA registration number: 203093. These details can be checked on the FSA’s register by visiting their website http://www.fsa.gov.uk/register/home.do or by contacting them on 0845 606 1234.

Zurich Connect is a trading name of Zurich Insurance plc a public limited company incorporated in Ireland Registration No. 13460 Registered office: Zurich House, Ballsbridge Park, Dublin 4, Ireland. Zurich Connect Car & Home Policies are underwritten by Zurich Insurance plc which is authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Services Authority. Details about the extent of our regulation by the Financial Services Authority are available from us on request. FSA registration number: 203093. These details can be checked on the FSA’s register by visiting their website http://www.fsa.gov.uk/register/home.do or by contacting them on 0845 606 1234.
Home Cover not available in the Isle of Man. Motor Cover not available in the Channel Islands or the Isle of Man.

Zurich Assurance Ltd, authorised and regulated by the Financial Services Authority for its life assurance, pension and investment products. Registered in England and Wales under company number 02456671. Registered office: UK Life Centre, Station Road, Swindon, SN1 1EL.