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ZURICH INSURANCE COMPANY
Anthropic to boost hiring in Europe after opening Milan officeAI startup Anthropic is expanding its European presence by opening a new office in Milan. The company plans to significantly increase its i...- Why More Car Owners Are Putting Their Keys in Aluminum Foil to Prevent Silent Thefts That Take SecondsModern car thieves are exploiting keyless entry systems through relay attacks, where signals from key fobs are intercepted and amplified to...
- A Swiss company cheered up Kotak Mahindra Bank amid RBI's glareKotak Mahindra Bank's Q1 FY25 profit surged nearly 80% due to Zurich Insurance's acquisition of a 70% stake in Kotak General Insurance. The...
- 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...
- 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 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...
- 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...
- Long-lasting global recession likely due to COVID-19, says World Economic Forum reportTwo-thirds of the 347 respondents to the survey - carried out in response to the outbreak - put a lengthy contraction in the global economy...
- Global insurers exit $8.9 trillion coal-based investmentsCoal exit policies were announced by 18 of the world’s biggest insurers controlling more than 46% of the reinsurance market and in excess o...
- Zurich Financial sees Q2 profit halved to $707 mnSwiss insurer Zurich Financial Services Group reported a 51 per cent drop in the second-quarter net profits to $707 million as earnings wer...
- Swiss to impose bonus caps only on 12 big banksSwiss regulators scaled back plans to curtail banker bonuses, saying their proposals would apply only to the country’s 12 largest banks and...
- Tatas can buy AIG's stake in local JVs if US co is soldTata group may exercise its option to buy out AIG’s 26% stake in the life and non-life insurance ventures if the US govt sells AIG’s biz. H...
- Wipro opens development centre in ChennaiWipro launches development centre for Zurich Financial Services in Chennai.
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