Kotak General Insurance

CCI greenlights Zurich's phased 70% acquisition of Kotak General Insurance

February 7 2024

The Competition Commission of India has provided full approval for Zurich's phased acquisition, first announced in November, starting with 51% in 2024, and a further 19% within three years.

Report: Zurich looks to strengthen presence in South Asia with US$400m investment on India's Kotak General Insurance

June 14 2023

Advanced discussions are underway for Zurich to acquire up to 51% ownership, though Uday Kotak prefers to maintain control.

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