Allianz Group, through its wholly-owned subsidiary Allianz Europe B.V., has entered into a binding agreement with Jio Financial Services Limited (JFSL) to form a 50:50 primary insurance joint venture offering general and health insurance.This agreement formalises a partnership first announced in July 2025, by establishing a domestic reinsurance joint venture, Allianz Jio Reinsurance Limited (Allianz Jio Re), which started operating in the country in March 2026.This partnership combines JFSL’s digital capabi ...