Jean‑Jacques Henchoz, the former Chief Executive Officer of large European reinsurer Hannover Re, has been elected as a new member of the Board of Directors of Swiss Re, another of Europe’s big four reinsurance companies.
Back in February, Swiss Re revealed its plan to nominate Henchoz to its Board, and at today’s Annual General Meeting (AGM), his election was confirmed. Henchoz will serve on Swiss Re’s Board for one term of office until the completion of the 2027 AGM.
Alongside Henchoz’s addition to the Board, Swiss Re’s shareholders re-elected all proposed members of the Board of Directors, and also all proposed members of the Compensation Committee, each for one term of office.
“I would like to thank our shareholders for their continued support and confidence in the Board of Directors, and congratulate Jean-Jacques Henchoz on his election to the Board of Directors,” said Swiss Re’s Chairman, Jacques de Vaucleroy.
Today’s AGM also saw the reinsurer’s shareholders approve a new dividend of USD 8.00 per share for the 2025 financial year. Swiss Re confirms that the dividend will be paid in Swiss francs, converted from US dollars, out of voluntary profit reserves, with distribution from April 16th, 2026, onwards.
For the 2024 financial year, Swiss Re shareholders approved to pay out an ordinary dividend of USD 7.35 per share, which was an increase from the dividend of USD 6.80 per share approved for the 2023 financial year.
