Zurich Insurance Group AG announced that shareholders elected Michel Liès as a new member and chairman of the board of directors for a term of office of one year. His appointment follows the previously announced retirement of Tom de Swaan who served for five years as Chairman and for 12 years on the Board.

The company announced that shareholders approved the dividend of CHF 18 per share for the 2017 financial year, which will be paid partially out of the available earnings for 2017 and partially out of the capital contribution reserve. The portion paid from the capital contribution reserve will be exempt from Swiss withholding tax. The dividend will be paid starting April 10, 2018.