• 02-APR-2014

  • SOURCE: Zurich

Ordinary General Meeting of Zurich approves dividend of CHF 17.00 – Christoph Franz elected to the Board of Directors

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At today's Ordinary General Meeting Zurich's shareholders approved the dividend of CHF 17.00 and newly elected Christoph Franz to the Board of Directors. The shareholders further approved the amendments to the Articles of Incorporation related to the Minder Initiative.

The General Meeting of Zurich Insurance Group Ltd (Zurich) today approved an unchanged dividend of CHF 17.00 per registered share, resulting in a payout ratio of net income of 69%. As this year's dividend payment will again be paid from the capital contribution reserves, it will be exempt from Swiss withholding tax. The dividend will be paid starting April 9, 2014.