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Special dividend from Swiss Re as profit soars

Reinsurer Swiss Re has declared a special dividend of SFr4.00 a share on top of its regular dividend of SFr3.50 after recording net income of $4.2bn for 2012, up from $2.6bn the previous year. CEO Michel Liès (pictured) said the result showed that Swiss Re remained “well on our way to achieving our 2011 – 2015 financial targets”. He noted “a particularly strong performance in our P&C Re business” as well as excellent investment results.

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