Betaville

Swiss posturing

Swiss Re this morning announced it is proposing a 10pc increase in its ordinary dividend to 3.85 Swiss francs a share and also additional special dividend of 4.15 Swiss francs a share. See the link: http://www.swissre.com/media/news_releases/nr_20140318_agm.html

The move comes quickly after my story from last week about a trust backed by the Agnelli family seeking to buy up to 20pc of Swiss Re via a tender offer...