US-based Chubb in talks to acquire 49% in India's Kotak General Insurance

US-based Chubb in talks to acquire 49% in India's Kotak General Insurance

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U.S. insurer Chubb is in talks to acquire a 49% stake in India’s Kotak General Insurance and has become a more favoured suitor than Zurich Insurance Group, two people with direct knowledge of the discussions said.