Kotak Mahindra Life Insurance Company Ltd is a wholly-owned subsidiary of Kotak Mahindra Bank. Kotak Mahindra Life Insurance is one of the rapidly growing insurance companies in India with over 20 million policyholders across the country. Headquartered in Mumbai, Kotak Mahindra Life Insurance Company Limited founded in 2001 and it caters to different insurance needs - protection plans, savings and investment plans, child plans and retirement plans. It offers the customized set of plans to ensure customers will be able to meet their financial goals. The latest Claim Settlement Ratio (CSR) of Kotak Mahindra Life for FY 2018-19 is 97.40%.
Friday, Jun 30, 2017 10:00 AM
The Insurance Regulatory Authority of India (IRDA) has identified six insurance firms that can take over the business of Sahara India Life Insurance Co. Ltd
Saturday, Apr 29, 2017 10:00 AM
Private sector lender Kotak Mahindra Bank on Friday said that it is buying out the entire 26% stake of Old Mutual in its life insurance arm for Rs 1,292.7 crore.
Tuesday, Aug 16, 2016 10:00 AM
New business premiums of life insurance companies saw a four% rise to Rs. 13,854.44 crore in July 2016 as against Rs. 13,319.97 crore premium collected in the corresponding period last year. State-run Life Insurance Corporation's (LIC) new business premium was the highest at Rs. 10,737.92 crore, up 3% from Rs. 10,421 crore in July 2015, data collected by the Insurance Regulatory and Development Authority showed.