News

Jio Financial Services Ltd (JFSL) and Allianz Group have entered into a binding agreement to form a 50:50 domestic ...
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 ...
Mukesh Ambani-led Jio Financial Services announced a 4% jump in its June quarter net profit to ₹325 crore. Meanwhile, its ...
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 ...
German insurer Allianz has formed an equally-owned reinsurance joint venture in India with Reliance Group-owned Jio Financial ...
The reinsurance venture will marry JFSL’s local market insights and tech capabilities with Allianz’s decades of underwriting ...
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 ...
The announcement comes months after Allianz parted ways with Bajaj group financial services firm Bajaj Finserv.
Allianz had, in March 2025, chosen to exit Indian insurance joint ventures by offloading a Rs 24,180 crore stake in Bajaj ...