JSA advised Allianz Group in relation to their re-insurance joint venture with Jio Financial Services Limited

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 setting up 50:50 joint ventures for general and life insurance businesses in India.

Our Transaction Team comprised of Partners, Venkatesh Raman Prasad and Ronak Ajmera, Principal Associate, Ankita Jain and Senior Associates, Jatin Talwar and Udit Rao,with support from Associates, Stuti Modi and Priyanka Priyadarshini.

Our direct tax team comprised of Partner, Kumarmanglam Vijay and Associates, Tejasvi Shukla, Aditya Patadia and Harshita Agrawal.

Our indirect direct tax team comprised of Partners, Manish Mishra and Shareen Gupta,Principal Associate, Joybrata Misra and Senior Associate, Tanay Vyas.

Our Partner, Sidharth Sethi, advised on dispute resolution related issues. 

Our competition team comprising of Partners, Vaibhav Choukse and Ela Bali, Senior Associate, Aditi Khanna advised on anti-trust aspects.

About JSA

Founded in 1991, JSA Advocates and Solicitors is one of India’s leading full-service national law firms with over 600 legal professionals spread across its seven locations in the country – Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai and New Delhi. As the go-to firm for the new transformative and digital Indian economy, JSA is regularly involved in many of the first-to-market and complex transactions and plays an integral role in advocacy and policy matters impacting various industries. JSA has built a reputation for its client-centric approach, quality of service, domain knowledge and insights across sectors and for delivering innovative solutions to complex legal and commercial issues for the benefit of clients. Consequently, JSA has consistently been recognised as a top-tier firm for its capabilities and expertise across practices and sectors by leading legal directories, league tables and industry journals.

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