Why is the race for your insurance premiums hotting up?

Synopsis
India’s insurance sector is undergoing significant changes with policy shifts and new alliances. Allianz SE has ended its JV with Bajaj Group, aiming to collaborate with Jio Financial Services. Patanjali Ayurved has entered the general insurance market with a majority stake in Magma General Insurance. LIC plans to acquire a stake in a health insurer.

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