Swiss insurer Zurich buys 70% in Kotak's non-life biz

Zurich Insurance acquires a 70% stake in Kotak Mahindra General Insurance for $670 million, marking the largest foreign investment in India's general insurance sector. The strategic move positions Zurich Insurance to tap into India's expanding insurance market, bolstering sector development and enhancing customer resilience against risks.

Swiss insurer Zurich buys 70% in Kotak's non-life biz

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Zurich Insurance acquires a 70% stake in Kotak Mahindra General Insurance for $670 million, marking the largest foreign investment in India's general insurance sector. The strategic move positions Zurich Insurance to tap into India's expanding insurance market, bolstering sector development and enhancing customer resilience against risks.