Swiss Re proposes increased dividend of USD 7.35 per share, supported by solid results and strong capital position

Swiss Re Ltd / Key word(s): AGMEGM Swiss Re proposes increased dividend of USD 7.35 per share, supported by solid results and strong capital position 13-March-2025 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Article 53 LR

• Swiss Re maintains a strong capital position; Group Swiss Solvency Test (SST) ratio of 257% as of 1 January 2025^[1]
• Swiss Re proposes to elect Morten Hübbe and George Quinn as new members of the Board of Directors; Philip Ryan and Sir Paul Tucker will not stand for re-election
• Swiss Re publishes Annual Report 2024 and the Sustainability Report 2024

Zurich, 13 March 2025 – Swiss Re today published its Annual Report 2024, Sustainability Report 2024 and the invitation for the upcoming Annual General Meeting of shareholders (AGM) on 11 April 2025.

Consistent with its capital management priorities, Swiss Re continues to focus on ensuring superior capitalisation while remaining committed to its capital return policy and deploying capital to profitable growth opportunities. The Group's capital position remains strong with a Group SST ratio of 257% as of 1 January 2025. As a result of this position, solid 2024 financial results and a positive business outlook, Swiss Re's Board of Directors decided to propose a dividend of USD 7.35 per share, which represents an 8% increase.

Swiss Re's Chairman Jacques de Vaucleroy said: "In 2024, Swiss Re strengthened the foundations of its business while focusing on disciplined underwriting and cost efficiency. In the current heightened risk environment, our increased resilience allows us to continue to provide peak risk capacity and risk knowledge to our clients while creating value for our shareholders."

Publication of the Annual Report 2024 and the Sustainability Report 2024
Swiss Re today published its Annual Report 2024 and its Sustainability Report 2024. The Annual Report includes the audited consolidated and statutory financial statements of Swiss Re Ltd for 2024.