German insurer Allianz (ALIZF) re-entered the Indian market by forming a 50:50 joint venture with Jio Financial Services to ...

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

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

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

IRDAI’s Regulation 5(i) of the 2022 guidelines permits a foreign investor to act as a promoter in only one company per ...

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

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

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 ...

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

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 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 ...