Jio Financial shares jump 4% as firm inks 50:50 JV deal with Allianz for general, health insurance business by ET Markets | April 23, 2026 1:11 pm | Indian Stocks, Market, News Jio Financial Services shares jumped after it signed a binding agreement to form a 50:50 insurance joint venture with Allianz Group. The JV will focus on general and health insurance in India, formalising a partnership first announced in July 2025.
