Jean-Jacques Henchoz, former CEO of Hannover Re, a large European reinsurance company, has been elected as a new member of the board of directors of Swiss Re, one of Europe’s four largest reinsurance companies.
Swiss Re revealed plans to nominate Henchoz to its board of directors back in February and confirmed his election at its annual general meeting (AGM) today. Henchoz will serve on the Swiss Re Board of Directors for one term until the conclusion of the Annual General Meeting in 2027.
In addition to Henchoz joining the board, Swiss Re shareholders also re-elected all proposed board members and all proposed remuneration committee members for one-term terms each.
“I would like to thank our shareholders for their continued support and confidence in the Board and congratulate Jean-Jacques Henchoz on his election to the Board,” said Swiss Re Chairman Jacques de Vaucleroy.
At today’s annual general meeting, the reinsurer’s shareholders also approved a new dividend of $8.00 per share for the 2025 financial year. Swiss Re confirmed that the dividend will be paid in Swiss francs converted from U.S. dollars from voluntary profit reserves and will be distributed from April 16, 2026.
For fiscal year 2024, Swiss Re shareholders approved an ordinary dividend of $7.35 per share, an increase from the dividend of $6.80 per share approved for fiscal year 2023.
