Jio Financial Services on Friday announced a 50:50 joint venture with Germany's Allianz Group for a domestic reinsurance ...

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

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

Mukesh Ambani-led Jio Financial Services announced a 4% jump in its June quarter net profit to ₹325 crore. Meanwhile, its ...

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

Jio Financial Services (JFS) has inked a binding agreement with Allianz Group to form a 50:50 JV for providing reinsurance ...

Along with the binding reinsurance JV, the two companies have also signed a non-binding agreement to explore joint ventures ...

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 two firms also entered into a non-binding agreement for setting up equally owned joint ventures for both general and life ...

Allianz had, in March 2025, chosen to exit Indian insurance joint ventures by offloading a Rs 24,180 crore stake in Bajaj ...

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

Jio Financial Services and Allianz form a 50-50 reinsurance JV to serve India’s booming insurance market with global ...