Kotak Mahindra Old Mutual Life Insurance
Kotak Mahindra Old Mutual Life Insurance is a 74:26 joint venture between Kotak Mahindra Bank Ltd. and Old Mutual plc. It is a company that combines its international strengths and local advantages to offer its customers a wide range of innovative life insurance products, helping them in taking important financial decisions at every stage in life and stay financially independent.

Promoter Companies

Kotak Mahindra Bank Ltd.

The Kotak Mahindra Group is one of India’s leading financial institutions, offering complete financial solutions that encompass every sphere of life. Their products spans from commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking – diverse needs of individuals and corporates are catered to.

The Kotak Mahindra Group got incepted in 1985 in the form of Kotak Capital Management Finance Limited, being promoted by Uday Kotak, Sidney A. A. Pinto and Kotak & Company. A stake in the group was taken in by industrialists Harish Mahindra and Anand Mahindra and this is the time when the company changed its name to Kotak Mahindra Finance Limited.

Old Mutual plc

Old Mutual plc is an international financial services group based in London with expanding operations in life assurance, asset management, banking and general insurance. Old Mutual is listed on the London Stock Exchange and also on the South African, Namibian, Malawi and Zimbabwe stock exchanges, with assets under management worth $ 400 Billion as on 30th June, 2006. For customers, this joint venture translates into a company that combines international expertise with the understanding of the local market.

Services

For further details visit:

www.insurance.kotak.com

Latest News
  • User Avatar
    Record low credit growth: 1,000 companies borrowed Rs 1 trillion less in FY17

    According to SBI chief economic adviser Soumya Kanti Ghosh, who penned the report, this...

    26-06-2017

    Read More

  • User Avatar
    Banks may have to take 60% haircut on 12 largest NPAs: Crisil

    The strong steps taken by Reserve Bank to resolve NPAs are likely to raise provisioning...

    26-06-2017

    Read More

  • User Avatar
    Some banks risk $240 million research loss as MiFID gives low-cost players a leg-up

    Some global investment banks risk losing up to $240 million in business by 2020 as a re...

    26-06-2017

    Read More

  • User Avatar
    One online security breach can push bank by $1.75 million

    An incident involving a bank's online banking services could cost the organisation $1,7...

    25-06-2017

    Read More

  • User Avatar
    IDFC Bank elevates Sunil Kakar as MD and CEO for 3 years

    Private sector lender IDFC Bank today announced the elevation of its CFO Sunil Kakar as...

    25-06-2017

    Read More

  • User Avatar
    Banks have no liability for loss of valuables in lockers: RBI

    Do not expect any compensation for theft or burglary of valuables in safe deposit boxes...

    25-06-2017

    Read More

  • User Avatar
    SBI chairman Arundhati Bhattacharya’s salary zilch compared to counterparts in private banks

    SBI, one of the world's 50 largest banks, pays only a small fraction to its top managem...

    25-06-2017

    Read More

  • User Avatar
    Asian Development Bank okays $102 million loan to skill 2 lakh youths in Odisha

    Asian Development Bank (ADB) has approved a USD 102 million (Rs 568.31 crore) loan to t...

    23-06-2017

    Read More

  • User Avatar
    India’s forex reserves at record high of $381.955 billion

    The country's forex reserves increased by USD 799 million, mainly on account of rise in...

    23-06-2017

    Read More

  • User Avatar
    RERA: New rules to make realty free of undesirable activity, says HDFC chairman Deepak Parekh

    HDFC Chairman Deepak Parekh today termed government policies on housing as practical an...

    23-06-2017

    Read More