
Jio Financial Services Ltd (JFSL) has signed a binding agreement with the Germany-based Allianz Group to form a 50:50 primary insurance Joint Venture (JV) in India.
The partnership aims to combine the digital distribution capabilities of JFSL with the global underwriting expertise of Allianz to enhance market reach. The JV will initially focus on providing general and health insurance solutions to both individual and commercial segments.
