Zurich Financial Services
11 September 2007






Zurich issues estimate of weather losses in the UK during July


        Zurich Financial Services
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                      8022 Zurich
                      Switzerland
                   www.zurich.com
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Zurich, September 11, 2007 - Zurich Financial Services Group (Zurich) announced
today that based on its current best estimate it expects aggregate claims
payments related to floods that occurred in the UK in July 2007 will not exceed
USD 260 million before tax. This estimate is net of reinsurance. The period of
extreme weather in Southern England was from July 20 to July 23, 2007. Charges
will be recorded in the nine months results 2007, which are due to be released
on November 15, 2007.

On August 2, 2007, Zurich reported that the estimated losses for the extreme
weather that occurred in the UK in June 2007 were not to exceed USD 400 million
before taxes. These charges were reported in the half year results 2007.

While these amounts represent the best estimate of the ultimate cost for these
events, the nature of many of the losses and the extended remediation period
needed to dry out properties and to complete repairs means that some uncertainty
as to the final cost remains.

Zurich is committed to delivering against its customer promise and in these
extreme circumstances the local teams, supported by resources from other Zurich
operations in Europe and North America, have successfully maintained Zurich's
high level of customer claims service. This is a further example of the
competitive advantage of Zurich's global reach and culture.

Zurich Financial Services Group (Zurich) is an insurance-based financial
services provider with a global network of subsidiaries and offices in North
America and Europe as well as in Asia Pacific, Latin America and other markets.
Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs
approximately 58,000 people serving customers in more than 170 countries.




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