Zurich Insurance completes acquisition of 70% Kotak Mahindra General Insurance stake in a ₹5,560-crore deal
Zurich Insurance Company on June 19, 2024 announced that it has completed the acquisition of 70 per cent stake in Kotak General Insurance in a deal worth ₹5,560 crore. This is the first major investment since the FDI limit was raised from 49% to 74% in 2021 in the insurance sector.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
