Tuesday, March 26, 2013

CAR INSURANCE Swiss Re appoints former ABI Director-General to the Board of Directors

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15 March 2013 |By Newsdesk

Reinsurer to propose dividend at AGM CAR INSURANCE
Swiss Re has nominated former Association of British Insurers director general Mary Francis as a new non-executive independent director to its board for the next three years.
Francis was formerly a board member of the Bank of England, Aviva, Alliance Leicester and Cable & & Wireless. CAR INSURANCE
The board has also proposed the re-election or Walter Kielholz, Malcolm Knight, Carlos Represas and Jean-Pierre Roth for another three years.
The reinsurer will also propose a dividend of CHF 3.50 ($ 3.70) per share and a special dividend or CHF4 ($ 4.3) per share at its annual general meeting on 10 April, to be paid to shareholders on 11 April, returning a total of $ 2.8 bn to shareholders. CAR INSURANCE
Swiss Re has proposed to renew its share issue authorisation for two years until 10 April 2015 and to cap the issuance at 74 million shares.
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Title Post: CAR INSURANCE Swiss Re appoints former ABI Director-General to the Board of Directors
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Author: Mohammad Zulfi Satriawan

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