Credit investor update, August 2022

GROUP OVERVIEW

Our proposition to investors

RESILIENT
BUSINESS MODEL	CLEAR STRATEGY

RESPONSIBLE AND

IMPACTFUL BUSINESS

A balanced and diverse global business

Industry leading capital levels with conservatively managed balance sheet

Attractive retuon equity

© Zurich

Focus on customer

Simplify

Innovate

Industry leading capital levels with conservatively managed balance sheet

Tackling climate change

Inspiring confidence in a digital society

Ensuring work sustainability

KEY FACTS1

HY-22 BOP BY BUSINESS (%)3

22%

53%

25%

Property & Casualty

(incl. Farmers Re)

Life (incl. Farmers Life)

Farmers Management Services

HY-22 BOP BY REGION (%)3

8%

8%

31%

53%

Europe

North America (incl. Farmers)

Asia Pacific

Latin America

© Zurich

1. Based on FY-21 unless otherwise noted. Investments, solvency ratios, and shareholders' equity as of June 30, 2022. Market cap as of August 11, 2022 (Source: Refinitiv).
2. Estimated Swiss Solvency Test ratio (SST) ratio, calculated based on the Group's internal model approved by the Swiss Financial Market Supervisory Authority FINMA.
3. The split excludes Group Functions & Operations and Non-Core Businesses.

© Zurich

Source: Axco, company reports and presentations, local statistics (2021 or most recent available), Dowling & Partners, SNL Financial, Strategic Insight, Zurich internal data.

1. Based on FY-21 NEP. Data includes only primary insurance and is on a more comparable basis. Zurich includes alternative markets in North America and municipal business in the UK and excludes SMEs.
2. For all references to Farmers Exchanges see the disclaimer and cautionary statement.
3. Based on FY-20 data.

BOPAT ROE (%)1

CASH REMITTANCES (USDbn)

EPS GROWTH (%)2