Zurich North America Commercial and Presidio Reinsurance Group Announce Strategic Relationship Strengthening Their Positions in the Specialty Health Marketplace

SCHAUMBURG, Ill.--(Business Wire)--
Zurich North America Commercial`s Accident & Health (A&H) group and Presidio
Reinsurance Group announced today their formation of a strategic relationship to
provide a broad range of risk-relief programs to the health care market.

As industry leaders with a long-term commitment to the accident and health
industry, Zurich and Presidio will leverage their extensive portfolio of
products and services to provide clients with a broad range of innovative
financial and risk management strategies for their specific situation.

Dan Fenton, senior vice president of Group A&H at Zurich said, "Presidio is one
of the largest, most respected companies in managed care. They work with select
carriers to provide health insurance and reinsurance solutions, products and
services to medical risk-bearing entities across the U.S. Through this
relationship, Zurich`s product and service capabilities will be made available
to a broader market, expanding our presence in this vital market."

Zurich and Presidio`s specialty health offerings include HMO and Provider
Excess, Medical Reinsurance, Employer Stop Loss and an Organ and Tissue
Transplant risk transfer program.

"We look forward to continuing our growth in the A&H market through this
relationship with Zurich," said Dennis Heinzig, president and CEO of Presidio.
"Presidio is committed to working with our clients to help them create programs
to quantify, manage and limit their risks. I am confident the HMOs, health
plans, insurance companies, provider groups, employers and other risk-bearing
entities that turn to Presidio for solutions will be well served by our
collaboration with Zurich."

Seraina Maag, president of Zurich`s Specialties business unit said, "Zurich is
committed to meeting the specialized needs of producers and customers in the A&H
market. Our relationship with Presidio is an excellent strategic fit and
demonstrates our ongoing commitment to being a premier provider of products and
services in the Accident & Health market."

About Zurich

Zurich`s North America Commercial and Global Corporate in North America business
divisions are part of ZurichFinancialServicesGroup (Zurich), an insurance-based
financial services provider with a global network of subsidiaries and offices in
North America and Europe as well as in Asia Pacific, Latin America and other
markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It
employs approximately 60,000 people serving customers in more than 170
countries. In North America, Zurich (www.zurichna.com) is a leading commercial
property-casualty insurance provider serving the global corporate, large
corporate, middle market, specialties and programs sectors.

About Presidio

Presidio Reinsurance Group, Inc. provides reinsurance, insurance and a wide
range of specialty services worldwide through two wholly-owned subsidiaries.
Presidio Excess Insurance Services, Inc. is a market leader in providing
accident and health reinsurance, insurance products and specialty services to
insurance companies, HMOs, managed care organizations, healthcare systems,
hospitals, medical groups and employers throughout North America. Presidio
Reinsurance Management, Ltd. focuses on a broad range of accident and health
reinsurance programs including catastrophe and general PA, international
medical, key man, credit card, sports, passive war and terrorism, excess of loss
reinsurance and proportional medical contracts. These programs are offered to
insurance companies, employers, affinity groups and financial institutions
worldwide. Presidio has offices in San Francisco, Minneapolis, London and Kansas
City. For more information about Presidio, please visit www.PresidioRe.com.

Media contact:
Steve McKay
Zurich
(847) 706-2265
steven.mckay@zurichna.com

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