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

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

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

Jio Financial Services (JFSL) and Allianz Group (Allianz) announced they have entered into a binding agreement to form a ...

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

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

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 ...

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 ...

Jio Financial Services Ltd (JFSL) and Allianz Group have entered into a binding agreement to form a 50:50 domestic ...

The announcement comes months after Allianz parted ways with Bajaj group financial services firm Bajaj Finserv.

Allianz has announced plans to establish a new 50:50 domestic reinsurance joint venture in India with Mumbai-based Jio Financial Services, marking a fresh strategic move following its recent exit from ...