Jio Financial Services ties up with Allianz for 50:50 reinsurance joint venture — What this means

On Friday, Jio Financial Services announced Germany’s 50:50 with the Allianz Group for a domestic Reinsurance attempt to serve the Indian market.

Jio-Allyianz JV was signed with Allianz Europe BV, a fully subsidiary of the German company.

(This is a developing story. Check again for updates)