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SUMMARY
Jio Financial Services has announced the incorporation of Allianz Jio Reinsurance Limited
The fintech company said it will invest INR 2.5 Lakh for initial subscription of 25,000 equity shares in the JV company
\While JFS has been slowly expanding its fintech universe to launch services for direct customers, the reinsurance JV is aimed at insurance companies
Update | September 9, 14:15
Over a month after entering into an agreement with German insurance major Allianz…
