Cyril Amarchand Mangaldas advised Jio Financial Services Limited on its joint venture with Allianz Europe B.V.
The leading law firm in India, Cyril Amarchand Mangaldas acted as legal counsel for Jio Financial Services Limited on a binding agreement with Allianz Group (through its wholly owned subsidiary, Allianz Europe B.V.) to form a 50:50 domestic general insurance joint venture company for carrying on general insurance business (including health insurance) in India. The transaction is subject to receipt of statutory and regulatory approvals.
The Cyril Amarchand Mangaldas team was led by L. Viswanathan (Partner) and Indranath Bishnu (Partner, Head – Insurance), with support from Kush Wadehra and Anirud Sudarsan R (Principal Associates), and Naman Lodha (Senior Associate).
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