Swiss Re’s Dacey: Deploying capital more valuable than ‘cosmetic’ dividend rise
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Swiss Re’s Dacey: Deploying capital more valuable than ‘cosmetic’ dividend rise

Swiss Re logo with John Dacey.jpg

Swiss Re group CFO John Dacey has signalled that the carrier is to expand meaningfully in P&C re, primary commercial business and life and health (L&H) this year, instead of using capital to increase its dividend.

The carrier published its full-year 2021 earnings report this morning, revealing a P&C re profit of $2.1bn and a group profit of $1.4bn,

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