Jio Financial Services and Allianz Group

CAM, JSA forge Jio - Allianz Reinsurance JV

Earlier this year, Allianz had exited from the Bajaj Allianz joint venture insurance companies.

Published on:

23 Jul 2025, 7:09 am

Jio Financial Services Limited and Allianz Group have formed a 50:50 domestic reinsurance joint venture.

Cyril Amarchand Mangaldas advised Jio Financial Services on this JV.

The transaction team was led by Senior Partner L. Viswanathan and Partner Indranath Bishnu (Insurance Practice Head), with support from Kush Wadehra (Principal Associate), Anirud Sudarsan (Principal Associate) and Naman Lodha (Senior Associate).

L. Viswanathan, Indranath Bishnu

JSA advised Allianz Group on this JV.

The transaction team was led by Venkatesh Raman Prasad (Partner) and Ronak Ajmera (Partner).

Venkatesh Raman Prasad and Ronak Ajmera

Earlier this year, Allianz had exited from the Bajaj Allianz joint venture insurance companies. With its new joint venture with Jio Financial Services, Allianz is once again set to serve the Indian insurance market.

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Cyril Amarchand Mangaldas

JSA

Jio Financial Services Limited