Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Zurich buys 70% stake in Indian insurer for $666 million

June 20, 2024 Reprints

Switzerland-based Zurich Insurance Group Ltd. has completed its acquisition of a 70% stake in India-based Kotak Mahindra General Insurance Co. Ltd. for 55.6 billion Indian rupees ($666.5 million), Verdict reported. As part of the deal, the business will be rebranded, representing Zurich and Kotak Mahindra Bank as partners.

1. Major lithium battery factory fire kills 22 workers
2. Zurich buys 70% stake in Indian insurer for $666 million
3. Sinking of bulk carrier drives fresh surge in insurance costs
4. South Korea battery firm ordered to halt operations after major fire
5. Supply chain problems likely to continue in aviation industry
6. Toyota to halt production lines over parts shortage

Help

Zurich buys 70% stake in Indian insurer for $666 million

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources