Bajaj Finserv's Allianz SE considers exiting 22-year joint insurance ventures for strategic reasons.

Bajaj Finserv announced that Allianz SE is contemplating an exit from its 22-year joint ventures in life and general insurance with the Bajaj Group. Allianz, which owns a 26% stake, cites strategic priority shifts, partnership disputes, and limited control over decisions as reasons for the potential exit. The company is reportedly considering acquiring stakes in new Indian insurance firms instead.