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Financials

BRIEF-Zurich Insurance proposes Alpiq CEO Jasmin Staiblin for board seat

March 8 (Reuters) - Zurich Insurance Group says:

* Board of Directors will propose to shareholders to elect Jasmin Staiblin to the Board for a one year term of office

* Staiblin is the Chief Executive Officer of Alpiq, a leading Swiss energy services provider and electricity producer in Europe which is listed on the SIX Swiss Exchange

* Fred Kindle, Vice-Chairman of the Board at Zurich, and Susan Bies, a member of the Board, will retire from the Board, effective at the conclusion of the Annual General Meeting Further company coverage: (Reporting by Brenna Hughes Neghaiwi)

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