XTRA:ALVInsurance
Allianz And Jio Reinsurance Entry Into India Broadens Earnings Mix
Allianz Jio Reinsurance, a joint venture between Allianz (XTRA:ALV) and Jio Financial Services, has received final regulatory approval in India.
The partners have officially commenced reinsurance operations, marking Allianz's entry into India's reinsurance market.
For Allianz, reinsurance sits alongside insurance and asset management as a core activity, and India is one of the world’s larger insurance markets by population. By teaming up with Jio Financial Services, Allianz is working with...