Jio Financial Services ties up with Allianz for 50:50 reinsurance joint venture — What this means
Jio Financial Services on Friday announced a 50:50 joint venture with Germany’s Allianz Group for a domestic reinsurance joint venture to serve the Indian market. The Jio Financial-Allianz JV was signed through the German company’s wholly-owned subsidiary Allianz Europe BV. It will launch operations after receiving statutory and regulatory nods. Additionally, the two companies entered … Read more