Media releases (For press only)

Zurich enhances unit-linked offers with industry’s first premium discount and five new funds

In pursuit of its innovative business philosophy, Zurich Insurance Group (Hong Kong) (“Zurich”) today announced “Young 2” premium discount offer to its unit-linked clients. Zurich is the first local insurer running age-related discount programme for investment-linked products. Five new funds are also introduced jointly with the user-friendly online Funds Toolbox for fund performance review.

Mr Denny Chan, Director of Life Business of Zurich Insurance Group (Hong Kong) remarked, "We are pleased that Zurich has once again pioneered to run the industry-first's age-related incentive programme for our unit-linked clients. Introduction of the five new funds and the "Funds Toolbox" has made our investment funds more diversified and transparent. Our clients will now be able to not only diversify further their investment but also be armed with more reference data for better risk diversification.

Under the new sales promotion, customers who submit applications from now till 13th December, 2006 for Zurich's Deluxe Link insurance plan or Whole Life Hospital Cash insurance plan will be able to enjoy a 2-year minus premium discount throughout the policy term. The premium payable for the basic insurance plan(s) and attachable riders, if any, will be based on the premium rate applicable to the life insured's age next birthday minus two years and a HK$50 Fotomax cash coupon for free photofinishing services.

To facilitate investment decision by its clients, Zurich today launched Funds Toolbox on its website, www.zurich.com.hk, featuring fund price history, the first-time daily update of fund performance by local insurer, and the dual funds comparison. With use of the fund price history tool, investors can keep track of the fund performance on a daily basis and trace back the prices on a particular date. The dual funds comparison in chart format allows them to examine the performance of two selected funds at one time. Zurich's funds are thus made particularly transparent and its investors are now armed with more reference data for better risk diversification.

Zurich is also proactive in its product offers. With a growing appetite for unit-linked product by local investors, the leading insurer has introduced five new unitized funds to its "Active Insurance Series". They include Zurich Global Healthcare Fund, Zurich Global Resources Fund, Zurich High Yield Bond Fund, Zurich Korea Fund, and Zurich Strategic Bond Fund, providing more fund choices to meet the diversified financial needs of its customers.

The five new funds are specially created in line with the current global investment environment when the worldwide healthcare expenditure are ballooning, commodities prices are spiraling, and global investment heading for bonds as the interest rates in the U.S. are tipped to have peaked. Investors can choose a combination of those funds based on their risk tolerance levels following risk assessment tests conducted with them by Zurich's financial consultants.

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