Zurich Insurance Wauthier suicide not due to undue pressurance


ZURICH: Zurich Insurance Group said two investigations found no indication that the company's former chief financial officer who committed suicide two months ago suffered any "undue pressure" and confirmed the presentation of its financial figures.

"We are still deeply saddened by the loss of Pierre Wauthier and we are unable to explain the motivation behind his tragic decision," Zurich Chairman of the board of directors Tom de Swaan was quoted as saying in a statement on Monday.

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