Martin Senn, Former CEO of Zurich Insurance, Commits Suicide

Martin Senn, the Zurich Insurance Group AG chief executive officer who stepped down in a December reshuffle, has committed suicide, the company said in a statement on Monday. He was 59.

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.