Jio Financial partners Allianz for 50:50 reinsurance JV, targeting India’s growing insurance sector alongside solid Q1 results.

• JV combines JFSL’s digital reach with Allianz’s global reinsurance expertise; operations await regulatory clearances for launch.
• Separate non-binding agreements signed for general and life insurance ventures to expand future insurance offerings.
• JFSL’s Q1 FY26 profit rose 4% YoY to ₹325 crore; revenue surged 47% to ₹612 crore amid rising interest income.