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

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

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

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

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

Jio Financial Services (JFSL) and Allianz Group (Allianz) announced they have entered into a binding agreement to form a ...

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

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

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

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

State-owned GIC Re has been the long-dominant player in India's reinsurance market. Although global players like Swiss Re, ...