VIDEO From thenewsmarket.com and Zurich: Zurich Closes the Acquisition of PT Mayapada Life in Indonesia
NEW YORK, Nov. 1, 2010 /PRNewswire/ -- See video from Zurich at: http://www.thenewsmarket.com/CustomLink/CustomLinks.aspx?GUID=5620a04b-455f-45ee-8fe1-3a02f8a145b0&alertid=1336e927-2689-48a6-a285-0da3e312e497
Zurich Financial Services Group (Zurich) announced today that its subsidiary Zurich Insurance Company Ltd has completed the acquisition of 80% of PT Mayapada Life from the Mayapada Group, which will continue to hold 20% of the company. Through this transaction, Zurich establishes its presence in the Indonesian life insurance market, one of the fastest growing life insurance markets in Asia. The transaction was first announced on June 7, 2010.
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Story Id: 20292
SOURCE thenewsmarket.com; Zurich Financial Services Group
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