Joint ventures

Jio Financial invests 1.47bn rupees in reinsurance joint venture with Allianz

March 9 2026

The latest capital injection brings Jio Financial’s total investment in Allianz Jio Reinsurance Limited to 1.5bn rupees (approx US$16.36m).

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Central Bank of India gains regulatory nod to raise stake in Generali JV

March 4 2026

India's competition regulator has unconditionally approved further stake acquisition by Central Bank into Generali's local life and general insurance ventures.

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QBE to take sole ownership of India's Raheja QBE in US$35.4m buyout

March 2 2026

The move, subject to IRDAI approval, follows 18 years of the Group's joint ownership of the insurer with Prism Johnson Limited.

Manulife–Mahindra name Suresh Agarwal to lead India life insurance JV

February 23 2026

Agarwal brings nearly 30 years of experience across life and general insurance, corporate, and retail lending. He previously led the transition of Kotak General Insurance into a joint venture with Zurich...

IRDAI tightens framework for foreign insurers’ liaison offices in India

February 14 2026

IRDAI’s revised rules widen extension criteria for liaison offices to cover bilateral trade importance, FDI inflows, technology transfer and market development.

BNP’s China P&C JV makes debut

January 26 2026

BNP Tianxing P&C Insurance, a joint venture between BNP Paribas, Xiaomi and Volkswagen, has launched with a focus on the new energy vehicle market.

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EDME Insurance Brokers aims to double its business, expand overseas in next 4 years

January 20 2026

Following its acquisition of UIB, broker plans to set up offices in both Singapore and Dubai, then later in London, according to its chief executive officer.