The companies also reached a non-binding agreement to form JVs for general and life insurance businesses in India.

The company announced a 50:50 domestic reinsurance joint venture with the Allianz Group, formalized through a binding ...

Jio Financial Services Limited (JFSL) shares traded higher at ₹317.40, up 0.17 per cent, following the announcement of a ...

German insurer Allianz has formed an equally-owned reinsurance joint venture in India with Reliance Group-owned Jio Financial ...

The Jio Financial-Allianz JV was signed through the German company's wholly-owned subsidiary Allianz Europe BV.

Jio Financial Services Limited (JFSL) and Allianz Group, through its wholly owned subsidiary, Allianz Europe B.V., have ...

The Jio-Allianz reinsurance JV signals rising competition in India’s Rs 98,000-crore market, challenging GIC Re’s dominance. With GIC’s market share falling to 51% and foreign reinsurers gaining ...

The 50-50 venture combines Jio's local digital footprint with Allianz's global underwriting and reinsurance capabilities, the ...

Mukesh Ambani’s Jio Financial Services Ltd. agreed to form a reinsurance venture with Allianz SE in India, advancing the billionaire’s quest to broaden his reach in the sector.

The reinsurance partnership will bring together JFSL's deep local expertise with Allianz's global reinsurance capabilities ...

Allianz and Jio Financial Services are partnering for reinsurance in India. The 50:50 venture aims to deepen their presence.

The announcement comes months after Allianz parted ways with Bajaj group financial services firm Bajaj Finserv.