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Jio Financial Services and Allianz form a 50:50 joint venture in India's reinsurance market.
Jio Financial Services and Allianz have established a 50:50 joint venture called Allianz Jio Reinsurance Ltd, aimed at entering India's growing reinsurance market.
The venture, incorporated on September 8, 2025, combines Jio's local expertise with Allianz's global reinsurance experience, with an initial investment of Rs 2.50 lakh.
Allianz has a 25-year history of reinsurance in India.
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Jio Financial Services y Allianz forman una joint venture 50:50 en el mercado de reaseguros de la India.