In today’s newsletter, storm clouds gather as parliament begins its monsoon session. But first, Allianz and Jio shake up the ...

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

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

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

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

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

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

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 ...

Allianz and Jio Financial Services are partnering for reinsurance in India. The 50:50 venture aims to deepen their presence.

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