BENGALURU (Reuters) – Allianz SE is considering an exit from the life and general insurance business joint ventures with India’s Bajaj Group, Bajaj Finserv said on Tuesday.
“Allianz has indicated to Bajaj that given its strategic priorities, it is actively considering an exit from the life and general insurance joint ventures,” Bajaj Finserv said adding that talks were at a preliminary stage.
(Reporting by Nishit Navin; Editing by Rashmi Aich)
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