Swiss Re has announced a proposed 8% increase in its dividend, bringing the payout to $7.35 per share, driven by the company’s strong capital position and positive financial outlook.
As of January 1, the company reported a robust Group SST ratio of 257%, reflecting its solid capital foundation. The increase in dividends follows a year of disciplined underwriting and cost efficiency, according to Chairman Jacques de Vaucleroy, who highlighted the company’s ability to strengthen its business amid a challenging risk environment in 2024.
Looking ahead, Swiss Re’s Board of Directors has nominated Morten Hübbe and George Quinn for election as independent directors during the 2025 Annual General Meeting (AGM). Hübbe, former CEO of Tryg, and Quinn, former Group CFO at Zurich Insurance, are both proposed for a one-year term.
At the same time, Philip Ryan and Sir Paul Tucker have announced they will not seek re-election to the board.
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