Swiss Re board proposes 8% dividend increase

It will mount to $7.35 per share.

Swiss Re reported a “strong capital position” with a Group SST ratio of 257% as of 1 January. 

Citing solid financial results and a positive business outlook, the Board of Directors is proposing an 8% increase in dividends to $7.35 per share.

Chairman Jacques de Vaucleroy stated that Swiss Re focused on disciplined underwriting and cost efficiency in 2024, strengthening its business amidst a heightened risk environment.

At the 2025 AGM, Swiss Re’s board will propose the election of Morten Hübbe and George Quinn as new independent directors for a one-year term. 

Hübbe previously served as CEO of Tryg, whilst Quinn was Group CFO at Zurich Insurance. Philip Ryan and Sir Paul Tucker will not seek re-election.