
Jio Financial Services forms joint venture with Allianz for reinsurance business
Published on: Sept. 9, 2025, 2:22 p.m. | Source: The Financial Express
Allianz Jio Reinsurance Ltd will invest an amount of Rs 2.50 lakh towards initial subscription of 25,000 equity shares of face value Rs 10 each for 50 per cent stake, JFSL said in a regulatory approval.