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Jio Financial Services, Allianz to form 50:50 reinsurance joint venture for Indian market

Jio Financial Services, Allianz to form 50:50 reinsurance joint venture for Indian market

The two companies also entered into a non-binding agreement for setting up equally owned joint ventures for both general and life insurance businesses in India. Shares of Jio Financial Services Ltd ended at ₹316.70, down by ₹1.40, or 0.44%, on the BSE.

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