Zurich acquires Wrightway Underwriting in Ireland

Zurich, September 6, 2007 – Zurich Financial Services Group (Zurich) has today announced the acquisition of 100% of Wrightway Underwriting Limited following receipt of the necessary regulatory approvals. Wrightway Underwriting is headquartered in Wexford, Ireland, and is one of the most successful independent underwriting agencies in Ireland with a turnover of EUR 25.5 million as of December 2006. It has been agreed not to disclose the price of the transaction.

The existing management team at Wrightway Underwriting will continue to develop activities in chosen markets. Wrightway is a specialist provider of niche solutions in General insurance. It has particular strengths in the private and commercial motor insurance sector as well as property and construction related markets. Wrightway will still act as an intermediary, placing business for its customers with a panel of leading insurers, including Zurich. The business is distributed via a network of brokers nationwide.