News Non-Life03 Nov 2023

Zurich to enter India via US$488m deal to acquire 51% of Kotak General Insurance

| 03 Nov 2023

Zurich Insurance Group yesterday announced a strategic alliance with Kotak Mahindra Bank, India's third largest private-sector bank by market capitalisation, through the proposed acquisition of a 51% stake in Kotak Mahindra General Insurance Company (Kotak General Insurance) for $488m.

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