Kotak Mahindra Old Mutual Life Insurance Limited, as the name suggests, is a joint endeavor in between Kotak Mahindra Bank Ltd, its associates and Old Mutual. The former holds 76%, where as the latter stakeholders own 26% shares of the company. Kotak Mahindra is one of the leading financial and banking services companies that offer a number of financial services for protection in every walk of life. Right from investment & commercial banking, mutual funds, stock broking to life insurance solutions, you say it, they have it. The company addresses the needs of both corporate and individual sectors.
With its origin in South Africa in the year 1845, Old Mutual is counted among the best international long-term savings, investment and insurance companies in the world. The company
is known for its widely distributed services in the Americas, Europe, Africa and Asia. The services include – asset management, life insurance, general insurance and banking. The company is there on the list of JSE (Johannesburg Stock Exchange Limited) and London Stock Exchange.