Jio Financial Services in Talks with Allianz for Insurance Partnership

CosmicTaco · 2024-10-24T09:09:40.575175+05:30

- Jio Financial Services (JFS) is reportedly discussing insurance partnerships with Allianz SE. - Allianz is looking to dissolve its existing joint ventures with Bajaj Finserv in India. - The talks are in initial stages and may not proceed. - This follows reports of JFS considering a private credit JV with BlackRock. - JFS reported a 3.13% rise in its consolidated net profit for Q2 FY25. Source: [Inc42](https://inc42.com/buzz/jio-financial-services-eyes-insurance-partnership-with-allianz/)

Jio Financial Services (JFS) is reportedly discussing insurance partnerships with Allianz SE.
Allianz is looking to dissolve its existing joint ventures with Bajaj Finserv in India.
The talks are in initial stages and may not proceed.
This follows reports of JFS considering a private credit JV with BlackRock.
JFS reported a 3.13% rise in its consolidated net profit for Q2 FY25.

Source: Inc42