I was able to activate this option once in my MacOS intellij version, but could never find this option anymore, I forgot its name.
I know there is the CTRL+SHIFT+P alter
Adding to @Simulant answer.
In Latest Version of IntelliJ (2019.3.1) , You will NOT find this in Settings -> Editor -> General -> Appearance -> "Show parameter name hints"
Settings -> Editor -> General -> Appearance -> "Show parameter name hints"
Its available in Settings -> Editor -> Inlay Hints -> Kotlin -> "Show parameter hints"
Settings -> Editor -> Inlay Hints -> Kotlin -> "Show parameter hints"