US EditionJio Financial Services, Allianz to Form 50:50 Reinsurance JV in India
- Jio Financial Services Limited and Allianz Group announced a binding agreement to form a 50:50 domestic reinsurance joint venture in India.
- The reinsurance joint venture aims to combine JFSL's local expertise with Allianz's global reinsurance capabilities, enhancing risk management for insurers.
- Isha Ambani, Non-executive Director of JFSL, stated this partnership seeks to deliver innovative reinsurance solutions aligned with the goal of ‘Insurance for All by 2047’.
- Oliver Bate, Chief Executive Officer of Allianz SE, expressed pride in partnering with JFSL to democratize access to financial services in India.
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Jio Financial Services Limited and Allianz to form 50:50 reinsurance joint venture - The Tribune
Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe BV, entered into a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance market in India.
·Chandigarh, India
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Jio Financial, Allianz to Form 50:50 Reinsurance Joint Venture
Get latest articles and stories on India at LatestLY. Jio Financial Services Limited (JFSL) and Allianz Group of Germany, through its wholly-owned subsidiary Allianz Europe B.V., entered into a binding agreement on Friday to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance market in India. India News | Jio Financial, Allianz to Form 50:50 Reinsurance Joint Venture.
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Total News Sources13
Leaning Left2Leaning Right4Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
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