ZURICH NAMES KRISTOF TERRYN AS CEO GLOBAL LIFE

(The following is a reformatted version of a press release
issued by Zurich Insurance Group and obtained at www.zurich.com) 
Zurich appoints Kristof Terryn as CEO Global Life 
Zurich, August 14, 2013 - Zurich Insurance Group (Zurich)
announced today the appointment of Kristof Terryn (45, Belgian
citizen) to the position of CEO Global Life with immediate
effect. Mr. Terryn, currently Group Head of Operations and a
member of the Group Executive Committee, succeeds Kevin Hogan
who has decided to leave the company to pursue new opportunities
outside Zurich. In his new position Mr. Terryn will be
responsible for further developing and executing the Global Life
strategy. He will report to Martin Senn, CEO Zurich Insurance
Group, and be based in Zurich. Markus Nordlin, (49, Finnish and
U.S. citizen), currently Chief Information Technology Officer,
will assume, in addition, responsibility for Group Operations on
an ad interim basis. 
As Group Head of Operations, Mr. Terryn was responsible for the
Group’s shared services, IT, procurement and sourcing as well as
operational transformation initiatives since 2010. He joined
Zurich in 2004 as Head of Planning and Performance Management.
In 2007, he became Chief Operating Officer for the Global
Corporate business division and in 2009 was named Chief
Operating Officer for General Insurance. Prior to joining Zurich
Mr. Terryn worked in the financial services practice of
McKinsey & Company in Brussels and Chicago where he focused on
retail asset management and insurance. He began his career in
the banking sector. Mr. Terryn  holds a law degree and a degree
in economics from the University of Leuven, Belgium, as well as
an MBA from the University of Michigan. 
“I am very proud that we have such a strong successor
internally, so that we can ensure a seamless transition. Kristof
brings not only significant experience in financial services and
enormous wealth in leadership, but a thorough understanding of
our strategy, our customers and our organization. I am confident
that he and the Global Life leadership team will continue to
successfully drive our strategy forward. At the same time I
would like to thank Kevin Hogan  for the great job he has done
for Zurich and I wish him the best both from a business and
personal point of view”, Martin Senn said. 
Zurich Insurance Group (Zurich) is a leading multi-line
insurance provider with a global network of subsidiaries and
offices in Europe, North America, Latin America, Asia-Pacific
and the Middle East as well as other markets. It offers a wide
range of general insurance and life insurance products and
services for individuals, small businesses, mid-sized and large
companies as well as multinational corporations. Zurich employs
about 60,000 people serving customers in more than 170
countries. The Group, formerly known as Zurich Financial
Services Group, is headquartered in Zurich, Switzerland, where
it was founded in 1872. The holding company, Zurich Insurance
Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a
level I American Depositary Receipt (ZURVY) program which is
traded over-the-counter on OTCQX. Further information about
Zurich is available at www.zurich.com. 
For further information:
 Zurich Insurance Group Ltd
 Mythenquai 2, 8022 Zurich, Switzerland
 www.zurich.com
 SIX Swiss Exchange/SMI: ZURN, Valor: 001107539 
Media Relations
 phone +41 (0)44 625 21 00, fax +41 (0)44 625 26 41
 twitter @Zurich
 media@zurich.com 
Investor Relations
 phone +41 (0)44 625 22 99, fax +41 (0)44 625 36 18
 investor.relations@zurich.com 
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