Zurich acquires 70% of India’s Kotak General Insurance
Reinsurance News - Jun 19, 2024
Zurich Insurance Company’s acquisition of a majority stake in Kotak Mahindra General Insurance Company Limited, for a total consideration of Rs. 5,560 crores (USD 670 million), makes it the first foreign insurer to enter India since the FDI rules were changed to allow up to 74% foreign ownersh...
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