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Swiss Re Proposes Dividend Increase and Board Changes Amid Strong Performance

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Swiss Re Proposes Dividend Increase and Board Changes Amid Strong Performance

Swiss Re AG ( (CH:SREN) ) just unveiled an announcement.

Swiss Re has announced a proposed dividend of 7.35 USD per share, reflecting an 8% increase, supported by a strong capital position and solid business results for 2024. The company also published its Annual and Sustainability Reports for 2024, highlighting its commitment to sustainability with a new Climate Transition Plan aimed at achieving net-zero emissions by 2050. Additionally, Swiss Re is nominating Morten Hübbe and George Quinn for election to its Board of Directors, bringing extensive industry experience to the team.

More about Swiss Re AG

The Swiss Re Group is a leading global provider of reinsurance, insurance, and other insurance-based risk transfer solutions. Founded in 1863 and headquartered in Zurich, it operates through a network of around 70 offices worldwide. The company focuses on anticipating and managing various risks, including natural disasters, climate change, and cybercrime, with the goal of enhancing societal resilience and progress.

YTD Price Performance: 15.90%

Average Trading Volume: 516

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $47.49B

For an in-depth examination of SREN stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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