Jio Financial formalises general insurance foray with Allianz
Jio Financial Services and Munich-based Allianz Group have solidified their partnership by signing a binding agreement to establish a 50:50 joint venture for general and health insurance in India, aiming to capitalise on the nation's accelerating demand for financial protection.Photograph: Kind courtesy Jio FinancialKey PointsJio Financial Services and Allianz Group have signed a binding agreement for a 50:50 joint venture in general and health insurance.The new venture will operate through Allianz Europe B ...