EARNINGS FORECAST TABLE: Zurich Insurance Group AG 2Q 2013

FRANKFURT--The following is a summary of analysts' forecasts for Zurich Insurance Group AG (ZURN.VX) second-quarter results, based on a poll of six analysts conducted by Dow Jones Newswires (figures in million dollars and target price in franc, combined ratio in percent, according to IFRS). Earnings figures are scheduled to be released August 15.

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                Gross      Business    Net    Share- 
                written      oper.   attrib.  holders  Comb. 
2nd Quarter    premiums(a)   profit  income   equity   Ratio 
 
AVERAGE               --      1,087     817   32,095    97.0 
Prev. Year        13,167      1,142   1,075   32,421    95.1 
+/- in %              --       -4.8     -24     -1.0    +2.0 
 
MEDIAN                --      1,075     795   32,135    96.9 
Maximum               --      1,268     940   32,290    99.7 
Minimum               --        952     703   31,820    94.9 
Amount                 2          6       5        4       6 
 
Bryan,Garnier         --      1,268     940       --    94.9 
Credit Suisse         --      1,059      --       --    96.9 
Helvea            13,374      1,093     886   32,268    96.8 
MainFirst Bank        --      1,073     795   32,290    97.2 
Morgan Stanley        --      1,077     703   32,001    96.5 
Vontobel          13,494        952     761   31,820    99.7 
 
 
 
               Target price  Rating 
 
AVERAGE              280.75  positive 1 
Prev. Quarter        279.00  neutral  4 
+/- in %               +0.6  negative 0 
 
MEDIAN               275.00 
Maximum              308.00 
Minimum              265.00 
Amount                    4 
 
Bryan,Garnier        308.00  Buy 
Credit Suisse        280.00  Neutral 
Helvea               265.00  Neutral 
Morgan Stanley           --  Equalweight 
Vontobel             270.00  Hold 
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Year-earlier figures are as reported by the company.

(a) Including policy fees.