Zurich Financial Services
08 November 2007




Zurich names Inga Beale as Head of Organizational Transformation Management and
Mergers & Acquisitions


    Zurich Financial Services
                 Mythenquai 2
                  8022 Zurich
                  Switzerland
               www.zurich.com
   SWX Swiss Exchange/virt-x:
                         ZURN
             Valor: 001107539


              Media Relations
    Phone +41 (0)44 625 21 00
      Fax +41 (0)44 625 26 41
             media@zurich.com

           Investor Relations
    Phone +41 (0)44 625 22 99
      Fax +41 (0)44 625 36 18
investor.relations@zurich.com


Zurich, November 8, 2007 - Zurich Financial Services Group (Zurich) announced
today that Inga Beale (44) will join the company as Head of Organizational
Transformation Management and Mergers & Acquisitions as of January 1, 2008.

In her new position, Ms. Beale will be a member of the Group Management Board
and will oversee the Group's operational improvement program The Zurich Way. Ms.
Beale succeeds Franz Wipfli, who after more than 25 years of dedicated service
to Zurich, its employees, its shareholders and its customers has elected early
retirement. In her new role, Ms. Beale will also oversee the Group's Mergers &
Acquisitions function.

Ms. Beale brings to Zurich over 20 years of broad based professional experience
in the insurance industry, including having served as Chief Executive Officer
(CEO) of Swiss-based reinsurer Converium, as well as 14 years in successive
leadership posts within the insurance and reinsurance operations of General
Electric. Ms. Beale earned her qualifications in Business Studies from Newbury
College (UK), majoring in Economics, Mathematics and Accountancy. She is an
Associate of the Chartered Insurance Institute (ACII).

'At a time when the insurance industry is going through the challenges of a
profound operational transformation, we are excited that someone of Inga's
proven abilities is joining Zurich', remarked James J. Schiro, Zurich's CEO. 'I
am confident that she will successfully build on the remarkable success achieved
by Franz.'

On the topic of Mr. Wipfli's retirement, Mr. Schiro stated 'Franz' passion and
energy will be missed. He has had a dramatic impact on Zurich's successful
transformation, and we wish him and his family the best of luck in retirement.'

Prior to assuming his current position, Mr. Wipfli held a variety of leadership
posts throughout the Group, including as Head of Commercial Segment Continental
Europe, CEO of Zurich Kosmos Austria, and as a member of the Executive
Management Team of Zurich Switzerland. He has been a member of the Group
Management Board since April 2002.



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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