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Swiss Re, Europe's leading reinsurer, is to cut 2,000 jobs by the end of next year, the majority of them in Europe. The cuts are taking place at Insurance Solutions, the insurance business Swiss Re bought from U.S. industrial giant General Electric for $6.8 billion in 2005. About 1,000 jobs have already been cut. More than half of these have been in Europe, with the remainder in the Americas, Asia, the Middle East and Africa. The company said the restructuring would save it $300 million.