邀请：分析师访问巴克莱访问：信用策略与保险圆桌会议苏黎世

Philippe Picagne+44 (0) 20 7773 1525Barclays, UKMeet the AnalystsThis event is intended for Barclays institutional investor clients only. This event is strictly and solelyfor the benefit of the intended recipients. Please do not forward this invitation to any other party Zoso Davies+44 (0) 20 7773 5815Barclays, UKPhilippe Picagne is a credit research analyst coveringEuropean insurance companies. He joined Barclays in2021. Philippe was ranked #1 analyst among financials(banks and insurance) and the financials team #2 at the2024 II survey. He began his career as an actuarialconsultant and risk manager. Over the past 20 years, hehas developed expertise in the insurance sector fromdifferentangles and held tenure as a senior analyst at therating agency AM Best, as a structurerofferingalternativerisk transfer solutions to insurance companies and aportfolio manager focusing on insurance risks only. Morerecently, he was a senior credit analyst covering Europeaninsurance companies at CreditSights and Bank of Americaand is a Professor (insurance and actuarial sciences) at theUniversity of Paris. Philippe graduated from Institutd’Etudes Politiques de Paris.View Analyst PageZoso Davies is a Managing Director in the European CreditStrategy team at Barclays, covering Investment Grade andMacro Credit. As part of his role, Dr. Davies contributes tocross-asset and thematic research and he has workedextensively on central bank corporate bond purchases andthe impact of monetary policy on the European bankingsystem. Dr. Davies was also a key contributor to thedevelopment of Fundamental ESG Research and toBarclays BlueTrack™, Barclays methodology for measuringour portfolio emissions. Dr. Davies joined Barclays in 2010,prior to which he was awarded a PhD in PhysicalChemistry by University College London.View Analyst Page without written consent from Barclays Research. Barclays' Investment Bankers are prohibited fromattending this event. Participant comments are not for attribution.If your firm is in-scope for research unbundling under MiFID II and you require further informationregarding pricing to participate in this Barclays Research content event, please contact your salesrepresentative. For FICC clients this Event will qualify as Level 1This document is intended for institutional investors and is not subject to all of the independence anddisclosure standards applicable to debt research reports prepared for retail investors under U.S. FINRARule 2242. Barclays trades the securities covered in this report for its own account and on adiscretionary basis on behalf of certain clients. Such trading interests may be contrary to therecommendationsofferedin this report.Barclays Events Terms of Service | Barclays Events Privacy NoticeDisclaimer:BARCLAYSThis communication has been prepared by Barclays.“Barclays” means any entity within the Barclays Group of companies, where “Barclays Group” meansBarclays Bank PLC, Barclays PLC and any of their subsidiaries,affiliates,ultimate holding companyand any subsidiaries oraffiliatesof such holding company.CONFLICTS OF INTERESTBARCLAYS IS A FULL SERVICE INVESTMENT BANK. In the normal course ofofferinginvestment bankingproducts and services to clients, Barclays may act in several capacities (including issuer, marketmaker and/or liquidity provider, underwriter, distributor, index sponsor, swap counterparty andcalculation agent) simultaneously with respect to a product, giving rise to potential conflicts ofinterest which may impact the performance of a product.BARCLAYS POSITIONSBarclays may at any time acquire, hold or dispose of long or short positions (including hedging andtrading positions) and trade or otherwiseeffecttransactions for their own account or the account oftheir customers in the products referred to herein which may impact the performance of a product.FOR INFORMATION ONLYTHIS DOCUMENT IS PROVIDED FOR INFORMATION PURPOSES ONLY AND IT IS SUBJECT TO CHANGE.This information has been prepared by the Research Department within the Investment Bank ofBarclays. The information, analytic tools, and/or models referenced herein (and any reports or resultsderived from their use) are intended for informational purposes only. Barclays has no obligation toupdate this information and may cease provision of this information at any time and without notice.NO OFFERBarclays is notofferingto sell or seekingoffersto buy any product or enter into any transaction. Anyofferor entry into any transaction requires Barclays’ subsequent formal agreement which will besubject to internal approvals and execution of binding transaction documents. The productsmentioned may not be eligible for sale in some states or countries, nor suitable for all types ofinvestors. Without limitation to the foregoing, any transaction may also be subject to review byBarclays Group against its published Tax Principles.NO LIABILITYNeither Barclays nor any of its directors,officers,employees, representatives or agents, accepts anyliabili