Zurich Insurance Group AG 3Q 2016 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Zurich Insurance Group AG (ZURN.VX) third-quarter results, based on a poll of six analysts conducted by Dow Jones Newswires (figures in million dollars, EPS, dividend and target price in Swiss francs, combined ratio in percent according to IFRS). Earnings figures are scheduled to be released November 10.

=== 
              Business      Net   Shareholders' Quarterly 
             operating   attrib.      equity     Combined 
3rd Quarter     profit   income           9M        Ratio 
AVERAGE          1,071      790       31,796         97.8 
Prev. Year         256      207       31,611        108.9 
+/- in %          +318     +282         +0.6           -- 
 
MEDIAN           1,092      781       31,949         97.9 
Maximum          1,125      851       32,410         98.5 
Minimum            978      732       31,068         97.2 
Amount(a)            6        6            5            6 
 
Baader-Helvea    1,091      732       32,410         97.9 
Commerzbank        978      759       31,949         98.5 
Deutsche Bank    1,096      789           --         97.2 
Kepler Cheuvreux 1,125      836       32,088         98.0 
Morgan Stanley   1,093      851       31,068         97.5 
 
         Target price  Rating 
AVERAGE        264.75  positive 1 
Prev. Quarter  252.60  neutral  3 
+/- in %         +4.8  negative 0 
 
MEDIAN         265.00 
Maximum        271.00                           DPS 2016 
Minimum        258.00                   Prev. Year 17.00 
Amount              4                       Amount     2 
 
Baader-Helvea  271.00  Buy                            -- 
Berenberg      258.00  Hold                        17.00 
Deutsche Bank  260.00  Hold                           -- 
Morgan Stanley 270.00  Equalweight                 17.00 
===

Year-earlier figures are as reported by the company.

(a) Includes anonymous estimates from one more analyst.