Chennai, March 26 -- Allianz Jio Reinsurance Limited on Thursday said it has commenced operations to underwrite reinsurance contracts in India.
The company is a 50:50 joint venture between Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V.
Allianz Jio Re received final regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) on March 12, 2026.
Headquartered in Mumbai, Allianz Jio Re aims to become a strategic long-term partner for the Indian market with a mission to fortify the resilience of the country's insurance ecosystem.
At a time when structural tailwinds are powering the sustainable growth of the sector - in line with the n...