People stand next to a logo of Jio Financial Services at the Bombay Stock Exchange. File
| Photo Credit: Reuters
Jio Financial Services (JFSL) and Allianz Group (Allianz), entered into a binding agreement on Wednesday to form a 50:50 primary insurance joint venture (JV) covering general insurance and health insurance.
The JV will launch operations upon receipt of the necessary statutory and regulatory approvals. JFSL and Allianz are also working towards a separate binding agreement for life insurance business in India.
Published – April 23, 2026 06:09 am IST
Source: https://www.thehindu.com/business/Industry/jio-financial-allianz-group-form-jv-for-general-health-insurance/article70895487.ece
