ZURICH AMERICAN INSURANCE COMPANY for ZURICH AMERICAN INSURANCE COMPANY

Government Issues GOV

General discussions related to the lawful advocacy activities of U.S. subsidiaries of foreign parent companies.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: HOUSE OF REPRESENTATIVES; Natl Oceanic & Atmospheric Administration (NOAA); Homeland Security, Dept of (DHS); Office of Management & Budget (OMB); SENATE; Commerce, Dept of (DOC); Treasury, Dept of; Federal Emergency Management Agency (FEMA); Agriculture, Dept of (USDA); Labor, Dept of (DOL); Executive Office of the President (EOP)

Trade (domestic/foreign) TRD

Discussions related to proposals to facilitate and promote competitive financial services markets (Trans Pacific Partnership {TPP}, Transatlantic Trade and Investment Partnership {TTIP}, Trade Promotion Authority {TPA}, Trade in Services Agreement {TISA}); Discussions on insourcing with SelectUSA.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Federal Emergency Management Agency (FEMA); Natl Oceanic & Atmospheric Administration (NOAA); Labor, Dept of (DOL); Office of Management & Budget (OMB); Agriculture, Dept of (USDA); SENATE; Treasury, Dept of; Executive Office of the President (EOP); HOUSE OF REPRESENTATIVES; Homeland Security, Dept of (DHS); Commerce, Dept of (DOC)

Agriculture AGR

General discussions in support of the Federal Crop Insurance Program.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: SENATE; Treasury, Dept of; Executive Office of the President (EOP); Commerce, Dept of (DOC); Federal Emergency Management Agency (FEMA); Labor, Dept of (DOL); Homeland Security, Dept of (DHS); Natl Oceanic & Atmospheric Administration (NOAA); Office of Management & Budget (OMB); Agriculture, Dept of (USDA); HOUSE OF REPRESENTATIVES

Transportation TRA

General discussions on rail and commercial motor carrier safety; General discussions on commercial motor carrier issues around insurabilty of vehicles and treatment of data.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Natl Oceanic & Atmospheric Administration (NOAA); Federal Emergency Management Agency (FEMA); Office of Management & Budget (OMB); Commerce, Dept of (DOC); Executive Office of the President (EOP); HOUSE OF REPRESENTATIVES; Homeland Security, Dept of (DHS); Labor, Dept of (DOL); SENATE; Treasury, Dept of; Agriculture, Dept of (USDA)

Taxation/Internal Revenue Code TAX

Implementation of the Foreign Account Tax Compliance Act of 2009 (specifically, reporting and designation requirements for insurance and content/scope of intergovernmental agreements to implement), as included and passed in the Hiring Incentive to Restore Employment (HIRE) Act; Discussions related to amending the Internal Revenue Code of 1986 by altering the tax treatment of legitimate foreign affiliate reinsurance transactions undertaken by U.S. subsidiaries of foreign parent companies, includes provisions in Administration's 2016 Budget Proposal; Proposals to alter tax treatment of U.S. subsidiaries of foreign parent corporations specific to foreign affiliated reinsurance, including issues related to Highway Trust Fund and tax reform discussions; Proposals to alter tax code treatment of life insurance products, specifically COLI and DRD provisions; General discussion of tax code reform, specific to P&C insurance and individual/corporate rates; Discussions related to inversion as it concerns implications for foreign subsidiaries.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Treasury, Dept of; Homeland Security, Dept of (DHS); HOUSE OF REPRESENTATIVES; Natl Oceanic & Atmospheric Administration (NOAA); Federal Emergency Management Agency (FEMA); Executive Office of the President (EOP); Labor, Dept of (DOL); Commerce, Dept of (DOC); Office of Management & Budget (OMB); SENATE; Agriculture, Dept of (USDA)

Energy/Nuclear ENG

General discussions related to EPA regulatory actions, carbon standards for stationary sources and mobile sources for greenhouse gas, domestic natural gas and crude production exports, energy grid resilience, and proposals on crude by rail.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Agriculture, Dept of (USDA); Homeland Security, Dept of (DHS); Office of Management & Budget (OMB); SENATE; Natl Oceanic & Atmospheric Administration (NOAA); Labor, Dept of (DOL); Executive Office of the President (EOP); Federal Emergency Management Agency (FEMA); Commerce, Dept of (DOC); HOUSE OF REPRESENTATIVES; Treasury, Dept of

Insurance INS

Implementation of Public Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically, provisions on risk, insurance oversight (Federal Insurance Office), and potential CFPB activities related to P&C insurance; Discussions on U.S. and global designation of systemically relevant non-bank financial firms; General discussions on Insurance Capital Investment; General discussions on Commercial Insurance regulation; General issues related to resilience and mitigation, as related to P&C insurance; General discussions on natural catastrophe related proposals; H.R.26, Terrorism Risk Insurance Program Reauthorization Act of 2015; General discussions on the insurability of cyber exposures; S.456, Cyber Threat Sharing Act of 2015; S.754, Cybersecurity Information Sharing Act of 2015; H.R.1560, Protecting Cyber Networks Act; H.R.234, Cyber Intelligence Sharing and Protection Act; S.177, Data Security and Breach Notification Act of 2015; H.R.580, Data Accountability and Trust Act; General discussions on issues related to Surety Bonds; General discussions on the tax payer protection benefits of surety bonds when used with federal infrastructure projects using alternative financing; H.R.413, Partnership to Build America Act of 2015; H.R. 198, MOVE Freight Act of 2015; H.R.201, Community Parks Revitalization Act; H.R.291, Water in the 21st Century Act.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Agriculture, Dept of (USDA); Office of Management & Budget (OMB); HOUSE OF REPRESENTATIVES; Natl Oceanic & Atmospheric Administration (NOAA); Homeland Security, Dept of (DHS); Treasury, Dept of; Federal Emergency Management Agency (FEMA); Executive Office of the President (EOP); SENATE; Labor, Dept of (DOL); Commerce, Dept of (DOC)

Bills named: S. 754 (114th), H.R. 413 (114th), H.R. 580 (114th), H.R. 201 (114th), H.R. 26 (114th), S. 177 (114th), H.R. 291 (114th), H.R. 198 (114th), S. 456 (114th), H.R. 234 (114th), H.R. 1560 (114th)

Labor Issues/Antitrust/Workplace LBR

Proposals to end private sector delivery of the Defense Base Act insurance program; General discussions related to the modernization of the Medicare secondary payer process (specific to workers compensation liability); General discussions on improving outstanding War Hazard Act recoveries.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Homeland Security, Dept of (DHS); Natl Oceanic & Atmospheric Administration (NOAA); HOUSE OF REPRESENTATIVES; Agriculture, Dept of (USDA); Office of Management & Budget (OMB); Commerce, Dept of (DOC); SENATE; Treasury, Dept of; Labor, Dept of (DOL); Federal Emergency Management Agency (FEMA); Executive Office of the President (EOP)