Zurich, Kotak Mahindra seal largest deal in India's general insurance space
Switzerland-based insurance major becomes 1st foreign insurer to enter India since FDI rules were amended in 2021; aims to build a leading general insurer for India
zurich insurance
June 2024
February 2024
Zurich Insurance gets CCI nod to acquire 70% stake in Kotak Mahindra General Insurance
Back in November of the previous year, Switzerland-based Zurich Insurance Group had agreed to acquire a 51% stake in KMGIC for approximately ₹4,051 crore.
