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Zurich Insurance Chief Executive Martin Senn attends the company's annual news conference in Zurich, Switzerland February 12, 2015. Senn has died after committing suicide, the company said May 30, 2016. Image Credit: REUTERS

ZURICH: Former Zurich Insurance Chief Executive Martin Senn has committed suicide, the company said on Monday, becoming the second top executive at the group to take his own life in less than three years. In July 2013, Swisscom Chief Executive Carsten Schloter took his own life.

“Martin Senn’s family has informed us that Martin committed suicide last Friday,” Switzerland’s biggest insurer said, adding in a statement it was “stunned and deeply shaken” by his sudden death. Senn quit on Dec. 1 following a failed takeover bid for Britain’s RSA.