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ZURICH INSURANCE
Zurich Insurance set to raise India headcount by 40% in next three years“India will soon be the world’s third largest economy, the largest working age population, the biggest middle class amongst emerging market...
Have conviction in India story, want to be fully present: Zurich Insurance Group's Tulsi NaiduZurich Insurance Group has acquired a 70% stake in Kotak General Insurance, making it the largest foreign investment in the insurance secto...
Kotak Bank gets RBI nod to sell 70 pc stake in general insurance arm to Zurich InsuranceIn November last year, Zurich Insurance Company announced plans to acquire a 51 per cent stake in Kotak Mahindra General through a combinat...
European shares muted as losses in energy offset gains in financialsThe benchmark index hit a record high on Wednesday, as lesser-than-expected rise in U.S. consumer prices in April boosted bets for a Septem...
Insurance sector attracted Rs 54,000 crore FDI in last 9 years: DFS SecretaryAsset Under Management nearly tripled to Rs 60.04 lakh crore as compared to Rs 21.07 lakh crore in 2013-14, while the total insurance premi...
Zurich Insurance to buy 70% stake in Kotak arm upfront in amended dealZurich Insurance Group will buy a 70% stake in Kotak Mahindra Bank's general insurance arm by paying 55.60 billion rupees (nearly $671 mill...
Zurich Insurance to acquire 70% stake in Kotak GeneralZurich has agreed to pay ₹4,051 crore for 51% stake including fresh growth capital of up to ₹1,609 crore. The expected date of completion f...
Zurich Insurance to buy 70% in Kotak General InsuranceZurich Insurance is set to invest approximately Rs 4,051 crore for a 51% stake in Kotak General Insurance, in an agreement involving fresh ...
Kotak Mahindra Bank to sell 51% stake in Kotak General Insurance to Zurich Insurance for Rs 4,051 croreKotak Mahindra Bank has sealed a deal with Zurich Insurance, where Zurich will invest Rs 4,051 crore to acquire a 51% stake in subsidiary K...
Zurich Insurance to pick 51% stake in Kotak General Insurance for Rs 4,051 croreOnce Zurich acquires the 51% shareholding in the insurance company, it will cease to be a subsidiary of the bank. The proposed transaction ...
Zurich Insurance eyes $400 million stake in Kotak General InsuranceZurich Insurance is reportedly in early-stage talks to acquire up to a 51% stake of Kotak General Insurance for roughly $400m, marking its ...
Zurich Insurance eyes $400 million stake in general insurance arm of Kotak General InsuranceThe stake the Swiss insurer wants to secure will be worth around $400 million. Kotak is still evaluating offers, including from other inves...
Piramal, Zurich Insurance mull joint bid for Reliance General InsuranceZurich confirmed that it has made a separate offer to acquire a stake in Reliance General Insurance Company as part of the resolution proce...
European shares open higher; Aegon leads gains among insurersThe European insurance sector index was up 0.8% in early trading, and was among the top gainers. Zurich Insurance Group also added 1.3% as ...
Wipro appoints Tulsi Naidu of Zurich Insurance Group as independent directorNaidu, who has spent 25 years in the global financial services sector, joined Zurich Insurance Group in September 2016 and was named the CE...
Zurich Airports win bid to build, operate Jewar airport for 40 yearsSources said that the company defeated all the other three bidders by far by offering a revenue share of Rs 400.97 per passenger to the aut...
- Zurich Financial sees Q2 profit halved to $707 mn
Swiss insurer Zurich Financial Services Group reported a 51 per cent drop in the second-quarter net profits to $707 million as earnings wer...