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Briefly noted

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Nikolaus von Bombard, a member of the management board of Munich Reinsurance Co., will succeed Hans-Jurgen Schinzler as chairman of the reinsurer on Jan. 1, 2004. Mr. von Bombard currently oversees Munich Re's operations in Europe and Latin America. Mr. Schinzler is stepping down voluntarily after 35 years at Munich Re, where he spent the past 11 years as chairman.