Swiss Re Proposes Dividend Increase Following Strong Financial Performance

Swiss Re has announced a proposed dividend increase to USD 7.35 per share, an 8% rise supported by the company's solid 2024 financial results and robust capital position. The reinsurance giant maintains a Group Swiss Solvency Test ratio of 257%, highlighting its financial strength as of January 1, 2025. The proposal will be discussed at the upcoming Annual General Meeting (AGM) on April 11, 2025.

The company also introduced new board nominees Morten Hübbe and George Quinn, filling positions left by Philip Ryan and Sir Paul Tucker, who will not seek re-election. Both nominees are experienced in the insurance sector, promising strategic expertise.

Swiss Re published its 2024 Annual and Sustainability Reports, detailing financial statements and a climate transition plan aiming for net-zero emissions by 2050. The AGM will include votes on these reports and other governance matters.