Zurich Insurance eyes $400m in ndia's Kotak General Insurance

Zurich Insurance eyes $400m in ndia's Kotak General Insurance

Uday Kotak. Photographer: Udit Kulshrestha/Bloomberg

Zurich Insurance Group is in talks to buy up to 51% of India’s Kotak General Insurance, two sources with direct knowledge of the matter said, a deal that would mark its first major bet on the fast-growing South Asian insurance market.

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