Mukesh Ambani-led Reliance Group firm Jio Financial Services is in talks with Allianz SE to set up an insurance partnership in India, Bloomberg News reported on Wednesday.

Jio Financial Services, a company owned by billionaire Mukesh Ambani, is in talks with German insurance giant Allianz SE, as per Bloomberg. The talks are aimed at forming an insurance partnership in India.

Billionaire Mukesh Ambani’s, Jio Financial Services, is rumoured to be in talks with Allianz SE to roll out a joint venture general and life insurance company.

Jio Financial Services (JFS) is reportedly in discussions with German financial services company Allianz SE to forge insurance partnerships.

The latest report suggests Ambani's Jio Financial Services and Allianz SE are in talks for a joint venture to establish a general insurance and life insurance company.

Allianz and Jio Financial are looking to establish a general insurance and a life insurance company in the South Asian nation, the people said, asking not to be identified as the information isn’t public.

Jio Financial Services, controlled by Mukesh Ambani, is in early discussions with Allianz SE to form new insurance partnerships in India, covering gen

India's Bajaj Finserv said on Tuesday that Allianz SE is considering exiting its life and general insurance joint ventures with the Bajaj Group, potentially ending a decades-old partnership. "Allianz has indicated to Bajaj that given its strategic priorities,

Allianz and Jio Financial Services are looking to establish a general insurance & life insurance company, ET NOW sources say.