Kotak Life Insurance's Premier Life Plan is a limited premium payment, ...
Kotak Mahindra Life Insurance Limited is a private Life Insurance company in India. The company is jointly owned by Kotak Mahindra Bank, its affiliates and Old Mutual of South Africa in 74:26 ratio respectively.
Old Mutual plc was established in 1845 in South Africa. It is an investment, savings, insurance, and banking group with nearly 20 million customers.
Kotak Mahindra Bank will pay Rs 1,292.7 crore to Old Mutual PLC for acquiring 26 per cent stake in the life insurance joint venture.