Allianz Jio Reinsurance JV Begins Operations in India

Jio Financial Services and Allianz launched Allianz Jio Reinsurance Ltd after IRDAI approval on March 12. The JV combines Jio’s digital reach with Allianz’s global expertise to strengthen India’s insurance sector, support risk management, and align with the ‘Insurance for All 2047’ vision, led by CEO Sonia Rawal.