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Greco, an insurance-industry veteran, hasn’t yet been formally chosen and his appointment needs the approval of Zurich’s board. (AP Photo/Steffen Schnidt)

(Bloomberg) — Zurich Insurance Group AG will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as chief executive officer, Swiss newspaper SonntagsZeitung reported, without saying how it got the information.

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