In July 2025, which of the following firms entered into a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the insurance market in India?
This question asks to identify the two firms that agreed in July 2025 to establish a specific type of business arrangement in India.
Reinsurance Joint Venture Details
The core requirement is a binding agreement between two firms to create a 50:50 domestic reinsurance joint venture targeting the Indian insurance market.
- The agreement was finalized in July 2025.
- It involves forming a joint venture company.
- The ownership structure is specified as 50:50.
- The business focus is domestic reinsurance within India.
- The correct firms involved in this specific agreement are Allianz and Jio Financial Services.
Therefore, the firm pair that entered into this reinsurance joint venture agreement for the Indian market is Allianz with Jio Financial Services.
Important Questions from Agreements and MoU
Which one of the following was the venue of the 2nd BRICS Youth Summit of the Ministers, Officials and Youth Delegations?
With which of the following countries did India sign an agreement in February 2021 for the construction of Lalandar (Shatoot) Dam?
'Industry 4.0' is a complex cyber-physical system which synergies production with digital technologies. The Ministry of Railways and the Department of Science and Technology have joined hands in partnership with which institution for taking up a unique project on 'Industry 4.0'?
Prime Minister Narendra Modi visited Bangladesh in March 2021 in connection with the commemoration of three events. Which of the following is NOT one of them?
Receivables Exchange of India Ltd (RXIL) was incorporated in 2016 as a joint venture between Small Industries Development Bank of India (SIDBI) and the ______.
