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Swiss Re Corporate Solutions will withdraw from the excess and surplus general liability market, according to a spokesman for the company.
The change does not affect E&S property business or other E&S business, such as directors and officers, product recall, agents, lawyers or health care professional liability.
The effective date for the move was May 15. Policies in force will run through expiration.
Swiss Re Corporate Solutions formed a stand-alone E&S business unit in North America last April.
Swiss Re Corporate Solutions Ltd. has appointed Angelo Colombo as chief executive for the insurer's operations in Latin America, starting October, Mundo Ejecutivo reported. Swiss Re said that Mr. Colombo will be in charge of its commercial insurance business.