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

New Delhi: In a major development that promises to disrupt India's reinsurance sector, Jio-Allianz and Valueattics Re a joint ...

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.

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

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 ...

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 ...

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

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 ...