Monday, May 30, 2016

Ex-CEO Of Largest Swiss Insurer Commits Suicide, Three Years After CFO Hanged Himself

In the latest tragic news from the world of finance, earlier today Zurich Insurance, the largest Swiss insurer which employs 55,000 people and provides general insurance and life insurance products in more than 170 countries, reported that Martin Senn, the company's former chief executive officer who stepped down in a December reshuffle, has committed suicide. He was 59.

Senn had been a long-time employee of the insurer, serving as its chief executive for six years before stepping down in December.

The family informed Zurich Insurance that Senn had taken his own life on Friday, according to the statement. "We are profoundly shocked by the news of the sudden death," the company said .... http://www.zerohedge.com