Allianz is reportedly looking to exit its two existing joint ventures with Bajaj Finserv Ltd., marking the end of a partnership that has lasted more than two decades.
Jio Financial Services Ltd., led by Mukesh Ambani, is reportedly in talks with German insurance giant Allianz SE to explore a potential insurance partnership in India. Discussions are focused on establishing both general and life insurance companies in India, claimed a Bloomberg report. These talks are in early stages, and it is still unclear if the companies will proceed with the plan.
Source: bt Business Today
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