CAM, JSA guide historic Jio-Allianz reinsurance JV that looks to disrupt Indian market, ETLegalWorld

CAM, JSA guide historic Jio-Allianz reinsurance JV that looks to disrupt Indian market, ETLegalWorld

Illustrative: Partnership between Allianz and Jio Financial Services in Mumbai. Cyril Amarchand Mangaldas and JSA have assisted Jio Financial Services and Allianz Grouprespectively, on their recently concluded strategic 50:50 domestic reinsurance joint venture in India to serve the fast-growing Indian insurance market. The JV merges JFSL’s deep local market knowledge, robust digital infrastructure, and strong…

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JSA Advises Allianz Group on Re-Insurance Joint Venture with Jio Financial Services

JSA Advises Allianz Group on Re-Insurance Joint Venture with Jio Financial Services

JSA advised Allianz Group on the binding agreement entered between Allianz SE’s wholly owned subsidiary Allianz Europe B.V. (“Allianz Europe”) and Jio Financial Services Limited (“JFSL”) to form a 50:50 domestic reinsurance joint venture in India, subject to receipt of statutory and regulatory approvals. JFSL and Allianz Europe also entered a non-binding term sheet for…

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