Zurich to Acquire 80% Stake in Indonesia’s Adira Insurance for About $414M

Zurich Insurance is acquiring an 80 percent stake in Indonesia’s Adira Insurance from PT Bank Danamon Indonesia and a minority investor for at least around $414 million, the Swiss group said on Thursday. “Zurich has earmarked Asia Pacific to be …

from News – Insurance Journal https://ift.tt/2DHcdqi