English
Français
On 18 July 2025, Allianz, via its subsidiary Allianz Europe, signed a binding agreement with the Indian group Jio Financial Services Limited (JFSL). The partnership involves the establishment of a reinsurance joint venture equally owned by the German insurer and JFSL.
The new entity will benefit from JFSL's local expertise and Allianz's strong presence in the Indian reinsurance market, through Allianz Re and Allianz Commercial.
The joint venture is set to begin operations following approval from the relevant authorities.
In addition, Allianz and JFSL have signed a non-binding agreement to explore the formation of two additional 50/50 joint ventures covering life and general insurance in the Indian market.
