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Shea, 50, joins Zurich Insurance from AIG, where he headed global financial lines. (AP Photo)

(Bloomberg) – Zurich Insurance Group AG named James Shea head of a new unit that will combine its global corporate and commercial businesses as part of a company-wide restructuring.

Shea, 50, joins from American International Group Inc. where he headed global financial lines, Zurich said in a statement Tuesday after Swiss markets closed. It also appointed Claudia Dill and Jack Howell, who oversee Latin America and Asia Pacific respectively, to its executive committee.

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