Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 384)

2023-11-05 Business

384.

Which company is Zurich Insurance acquiring a 51% stake in?

Kotak Mahindra Bank

Kotak Life Insurance

Kotak Securities

Kotak General Insurance

Answer: Option

Explanation:

Zurich Insurance Group, a Swiss-based insurance company, is set to acquire a 51% stake in Kotak General Insurance, an Indian general insurance company. This investment is a significant move in the Indian insurance industry, and it is expected to bring innovation and growth to the market.