Indonesia: Zurich to become biggest foreign P&C insurer with acquisition

Swiss global insurer Zurich Insurance Group has entered into agreements to acquire 80% of PT Asuransi Adira Dinamika (Adira Insurance), a top 10 property and casualty (P&C) insurer in Indonesia, from Bank Danamon Indonesia and a minority investor. With these, Zurich will become the largest foreign P&C insurer in Indonesia.

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