News

In today’s newsletter, storm clouds gather as parliament begins its monsoon session. But first, Allianz and Jio shake up the ...
German insurer Allianz (ALIZF) re-entered the Indian market by forming a 50:50 joint venture with Jio Financial Services to ...
Jio Financial Services Limited and Allianz Group have formed a 50:50 domestic reinsurance joint venture. Cyril Amarchand ...
Jio Financial and Allianz to form equal reinsurance JV in India; also plan insurance ventures. Alliance aims to tap into ...
The 50-50 venture combines Jio's local digital footprint with Allianz's global underwriting and reinsurance capabilities, the ...
State-owned GIC Re has been the long-dominant player in India's reinsurance market. Although global players like Swiss Re, ...
The reinsurance partnership will bring together JFSL's deep local expertise with Allianz's global reinsurance capabilities ...
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 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 reinsurance joint venture (JV) brings together Jio Financial Services Limited’s local market knowledge and reach, with ...
Allianz and Jio Financial Services are partnering for reinsurance in India. The 50:50 venture aims to deepen their presence.