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 ...

The reinsurance venture will marry JFSL’s local market insights and tech capabilities with Allianz’s decades of underwriting ...

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 ...

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

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