NU Online News Service, March 12, 1:16 p.m. EST

Swiss Re, which returned to profitability last year with 2009 net income of $468 million, said it planned to increase its dividend tenfold.

The company said the proposed dividend to be approved at its annual shareholder meeting April 7 in Zurich, Switzerland would amount to 1 Swiss franc (U.S. 94 cents) per share compared to 10 centimes (9 cents at current exchange rates).

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