New Delhi, July 19 -- Jio Financial Services on Friday announced a 50:50 joint venture with Germany's Allianz Group for a domestic reinsurance joint venture to serve the Indian market.

The Jio-Allianz JV was signed through the German company's wholly-owned subsidiary Allianz Europe BV.

(This is a developing story. Check back for updates)

Published by HT Digital Content Services with permission from MINT....