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

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

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

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

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

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

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 ...

New private players, including Valueattics Re, Jio Financial Services & Allianz are set to increase competition in India's ...

Allianz has announced plans to establish a new 50:50 domestic reinsurance joint venture in India with Mumbai-based Jio Financial Services, marking a fresh strategic move following its recent exit from ...

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