While JFS has been slowly expanding its fintech universe to launch services for direct customers, the reinsurance JV is aimed at insurance companies
JFS and Allianz said they have also entered into a non-binding agreement to set up JVs for general and life insurance business in the country
The development comes months after the Allianz Group ended its 24 years insurance partnership with the Bajaj Group
Fintech company Jio Financial Services (JFS) has inked a binding…