Allianz ties up with Jio Fin after Bajaj break-up

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Allianz and Jio Financial Services are partnering for reinsurance in India. The 50:50 venture aims to deepen their presence. They also plan potential ventures in life and general insurance. This follows Allianz's exit from its Bajaj Finserv venture. Jio Fin, a new financial services group, is expanding its offerings. Allianz seeks to play a key role in India's risk management.

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