Zurich Financial Services Group

Mythenquai 2, CH-8022 Zurich, Switzerland; 411-205-2121; fax: 411-205-2641

www.zurich.com

1997 1996

Int'l premiums $15,241,000,000 $10,794,170,000

1997 figure is pro forma to reflect the merger of Zurich Group and the financial services business of B.A.T Industries P.L.C.; 1996 figure restated.

Intl. P/C operations began: 1872.

Specialties: Chemical/pharmaceutical, manufacturing, hi-tech, D&O/professional liability, employment practices liability, extended service contracts, global risks, boiler and machinery, energy property, ocean marine, construction.

Licensed or accepted insurer in: Argentina, Australia, Austria, Belgium, Bermuda, Canada, Chile, Czech Republic, Denmark, Finland, France, Germany, Greece, Guam, Hong Kong, Indonesia, Ireland, Italy, Japan, Liechtenstein, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Portugal, Russia, Singapore, Spain, Sweden, Switzerland, United Kingdom, United States.

Affiliates/fronting arrangements: Bahamas (General Brokers & Agents Ltd.), Bahrain (Zurich Insurance Services), Barbados (Insurance Corp. of Barbados), Belize, Bolivia (La Boliviana Ciacruz), Brazil (Zurich-Anglo Seguradora S.A.), Brunei, Bulgaria, Cayman Islands, China, Colombia, Costa Rica, Curacao, Dominican Republic (Compania Nacional de Seguros C. Por A.), Dubai, Dutch Antilles, Ecuador (Amazonas C.A. de Seguros), Egypt (Arab International Insurance Co.), El Salvador (Aseguradora Suiza Salvadorena S.A.), Estonia, Guatemala (Seguros Granai & Townson S.A.), Haiti (La Generale d'Assurance S.A.), Honduras (Aseguradora Hondurena S.A.), Iceland (Vatryggingafelag Islands HF), India, Iran (Asian Insurance Co.), Iraq (National Insurance Co.), Israel, Jamaica (Insurance Co. of the West Indies Ltd.), Ivory Coast, Jordan (Arabia Seas Insurance Co.), Kazakstan, Kenya (The Heritage A.I.I. Insurance Co.), Kuwait (Kuwait Insurance Co. S.A.K.), Latvia, Lebanon, Libya (Libya Insurance Co.), Lithuania, Malta, Morocco (La Garantie Generale Marocaine), Nicaragua, Nigeria (The United Nigeria Insurance Co. Ltd.), Oman (Oman National Insurance Co.), Pakistan (New Jubilee Insurance Co. Ltd.), Panama (Administracion de Seguros S.A.), Papua New Guinea (Zurich Pacific Insurance Pty. Ltd.), Paraguay, Peru (RIMAC International), Philippines (Malayan Zurich Insurance Co.), Poland (Zurich Ubezpeczene Service), Qatar, Romania, Saudi Arabia (National Insurance Co.), Slovakia (Zurich Poistovacie), South Africa, Sri Lanka (Insurance Corp. of Sri Lanka), St. Lucia, Sudan (The Blue Nile Insurance Co. Ltd.), Syria, Taiwan (Malayan Overseas Insurance Corp.), Thailand (Muang Thai Life Assurance Co.), Trinidad and Tobago (Trinidad & Tobago Insurance Ltd.), Tunisia (Compagnie d'Assurances et de Reassurances), Turkey (Gunes Sigorta A.S.), Ukraine, United Arab Emirates, Uruguay, Venezuela (Zurich Internacional de Venezuela), Vietnam, Yugoslavia.

Officers: Rolf Hueppi, chairman/CEO-Zurich Financial Services Group; William Bolinder, corporate executive board memeber/chairman Zurich-American Insurance Group; Dinos Iordanou, president/CEO-Zurich American Insurance Group.

U.S. contact: Thomas Hite, executive vp-corporate development/marketing; 847-605-6156.