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Swiss Re, Zurich, said Stefan Lippe has been named deputy chief executive officer and will assume the role of chief operating officer as of Sept. 1, succeeding Andreas Beerli, who announced he will retire June 30, 2009.

Before the promotion, Mr. Lippe served as head of reinsurance products and member of the executive committee. As deputy CEO and COO he will oversee global information technology, global technical accounting and service, claims and liability management, group legal, group logistics, and product development and strategy, the firm said.

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