Utilize the input text as a context reference, choose the right relationship between 'Old Mutual' and 'Life Insurance' from the options.
Options: chairperson, distributed by, product/material produced, member of

He said consideration of Kotak's proposal had been deferred in the last meeting because of its possible implications for Kotak Mahindra Old Mutual Life Insurance Ltd , in which Kotak has a 74% stake.
product/material produced