India's Jio Financial discussing insurance partnership with Allianz: report

India's Jio Financial discussing insurance partnership with Allianz: report

FILE PHOTO: A man walks across the LED board showing the logo of Jio at the ongoing India Mobile Congress 2022, at Pragati Maidan, in New Delhi, India, October 3, 2022. REUTERS/Anushree Fadnavis

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

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