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Question

In July 2025, which global insurance giant entered into a binding agreement with Jio Financial Services to form a 50:50 reinsurance joint venture?

The correct answer is
Allianz Group

Jio Financial Services Reinsurance Joint Venture

In July 2025, Jio Financial Services finalized a binding agreement to create a new business entity.

This strategic move involves forming a 50:50 joint venture focused on the reinsurance sector.

The global insurance giant entering this partnership with Jio Financial Services is Allianz Group.

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Important Questions from Business and Economy

  1. As of December 2019, _______ was the largest crude oil supplier to India.

  2. Which company recently became the 1st Indian company to hit the ₹10 Lakh Crore market valuations?

  3. Merchant discount rate refers to ______

  4. Which of the following states was awarded by the Union Government for being the best state in the fisheries sector amongst hilly and north-eastern states for the year 2019-2020?

  5. Name the company that has acquired an online travel portal Yatra Online Inc., for an enterprise value of $337.8 million, in an all-stock transaction.

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