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International

Zurich Insurance completes acquisition of Indonesian insurer

November 29, 2019 Reprints

Zurich Insurance Group Ltd. has completed its acquisition of Indonesian insurer Asuransi Adira Dinamika PT for around $414 million, Reuters reported. Zurich bought 80% of the company from Adira's parent firm PT Bank Danamon Indonesia Tbk, making Zurich the largest international property/casualty insurer in Indonesia.

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Zurich Insurance completes acquisition of Indonesian insurer

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