Annual General Meeting of Swiss National Insurance Company Ltd
(Thomson Reuters ONE) -
Nationale Suisse /
Annual General Meeting of Swiss National Insurance Company Ltd
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The issuer is solely responsible for the content of this announcement.
The Annual General Meeting of Swiss National Insurance Company Ltd was held
today in Basel. In a consultative vote, shareholders were able for the first
time to vote on the 2010 compensation report. Hans-Jörg Vetter was newly elected
to the Board of Directors, and shareholders approved a further term of office
for all Board members who were put forward for re-election. All other proposals
made by the Board were accepted as well. The new customer service centres were
also presented to the shareholders.
The 229 shareholders who attended represented a total of 5 697 613 registered
shares. Including shares represented by proxy, a total of 10 275 886 votes were
represented, which corresponds to 74.28 % of voting shares and 46.60 % of total
share capital. The shareholders approved the annual report, annual financial
statements and consolidated financial statements for 2010, as well as the
distribution of a cash dividend of CHF 1.50 per share with a 4.6 % dividend
yield.
2010 compensation report approved
The Board of Directors held a consultative vote for the first time on the
compensation report, the latter being approved by 95.0 % of the shareholders.
The 2010 compensation report provides details on corporate governance and
explains the principles behind the compensation model in place at Swiss National
Insurance Company Ltd. The report also states the compensation received by the
members of the Board of Directors and Executive Board as required by the Swiss
Code of Obligations. In addition, it details the principles applied in 2010 for
overall compensation of all the Group's employees.
Elections to the Board of Directors
Hans-Jörg Vetter, CEO of Landesbank Baden-Württemberg (LBBW), was newly elected
to the Board of Directors for a term of three years. Existing Board members Balz
Hösly and Peter A. Kaemmerer were re-elected for the same period.
Amendments to the Articles of Association in shareholders' favour
Shareholders approved the Board of Directors' proposal to reduce the term of
office of all Board of Directors members from four to three years. They also
approved the lowering of the number of voting shares entered in the share
register required in order to place items on the Annual General Meeting agenda
from a par value of CHF 400 000 to CHF 200 000. The Articles of Association have
been modified accordingly.
New customer service centres
At the Annual General Meeting, the new customer service centres in Bottmingen,
Lausanne and Lugano were presented to the shareholders. The centres were
established last year as part of the "Schlagkraft Schweiz" business model. They
offer customers a further professional point of contact and enable the sales
organisation to boost its customer focus. By undertaking this comprehensive
reorganisation in the customer support area, Nationale Suisse has considerably
improved its service quality once again.
The film about the new customer service centres can be accessed here
(in the original language):
German:www.nationalesuisse.ch/ksc
French:www.nationalesuisse.ch/csc
Italian:www.nationalesuisse.ch/centro
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Brief profile
Nationale Suisse is an innovative, Italy, Spain, Germany, Belgium,
international and independent Swiss insurance Liechtenstein, Malaysia and
group providing first-rate risk and pension Latin America. The headquarters
solutions in non-life and life business as well of Swiss National Insurance
as a growing number of tailored specialty lines Company Ltd is in Basel.
products. Consolidated gross premiums came to Nationale Suisse is listed on
CHF 1.8 billion in 2010. The Group comprises the SIX Swiss Exchange (NATN).
the parent company and about 20 subsidiaries On 31 December 2010, the Group
and branch offices in focused product lines in employed 1,948 staff (full-time
Switzerland, equivalents).
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Your contact
Christina Hartmann Nationale Suisse
Media relations Steinengraben 41
Tel. +41 61 275 23 40 4003 Basel
Fax +41 61 275 22 21 www.nationalesuisse.ch
christina.hartmann(at)nationalesuisse.ch
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Key dates
Publication of the interim report 08.09.2011
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Disclaimer and exclusion of liability
The purpose of this press release is to inform the public about certain events
or developments arising from the company's business. The information published
in this article is not an advertisement, offer or recommendation to engage in
transactions involving securities or other products of Nationale Suisse or any
other type of transaction. This press release may contain certain forward-
looking statements. Even if these forward-looking statements reflect the
opinion and expectations of Nationale Suisse, a number of risks, uncertainties
and other important factors may lead to actual developments and results
differing strongly from the expectations of Nationale Suisse. It is pointed out
expressly that the statements and projections contained in this press release
are selective in nature. Nationale Suisse provides no guarantee, either
explicitly or implicitly, regarding the accuracy and completeness of the
statements and forecasts published in this press release. Neither Nationale
Suisse nor its executive bodies or senior managers accept any liability for any
damage or losses arising directly or indirectly from the use of this press
release. Unless otherwise provided by applicable binding law Nationale Suisse
is under no obligation to update or amend the statements contained in this press
release, be it in response to new information, future events or any other
reasons.
Updated post-publication information is available on our website
www.nationalesuisse.ch. You may find further details and forecasts about the
business of Nationale Suisse there.
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--- End of Message ---
Nationale Suisse
Steinengraben 41 Basel
WKN: 1081197;ISIN: CH0010811971;
Press_Release_AGM_2011:
http://hugin.info/100296/R/1516222/452654.pdf
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Source: Nationale Suisse via Thomson Reuters ONE
[HUG#1516222]
Unternehmensinformation / Kurzprofil:
Datum: 16.05.2011 - 18:14 Uhr
Sprache: Deutsch
News-ID 54714
Anzahl Zeichen: 8049
contact information:
Town:
Basel
Kategorie:
Business News
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