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The companies also reached a non-binding agreement to form JVs for general and life insurance businesses in India.
German insurer Allianz (ALIZF) re-entered the Indian market by forming a 50:50 joint venture with Jio Financial Services to ...
Allianz had, in March 2025, chosen to exit Indian insurance joint ventures by offloading a Rs 24,180 crore stake in Bajaj ...
Jio Financial Services Limited (JFSL) and Allianz Group, through its wholly owned subsidiary, Allianz Europe B.V., have ...
The reinsurance venture will marry JFSL’s local market insights and tech capabilities with Allianz’s decades of underwriting ...
Jio Financial Services Limited (JFSL) shares traded higher at ₹317.40, up 0.17 per cent, following the announcement of a ...
The 50-50 venture combines Jio's local digital footprint with Allianz's global underwriting and reinsurance capabilities, the ...
Jio Financial Services (JFSL) and Allianz Group (Allianz) announced they have entered into a binding agreement to form 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.
The reinsurance partnership will bring together JFSL's deep local expertise with Allianz's global reinsurance capabilities ...
The two firms also entered into a non-binding agreement for setting up equally owned joint ventures for both general and life ...