Allianz Global Investors (AllianzGI) announced today that it has acquired a 51 percent stake in battery storage platform Green Energy Storage Initiative (GESI) on behalf of Allianz insurance companies.
Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V., today entered into a binding agreement to form a 50:50 primary insurance joint venture (JV) – covering general insurance and health insurance – to serve the rapidly expanding Indian insurance sector.
Mar 26, 2026
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Media release,Mergers & Acquisitions
The reinsurance joint venture (JV) brings together Jio Financial Services Limited’s local market knowledge and reach, with Allianz’s global underwriting and reinsurance skills and experience. • Sonia Rawal to lead Allianz Jio Reinsurance as Chief Executive Officer.
Mar 26, 2026
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Strategy & Investments,Media release
Allianz is making its first equity investment in a German electricity grid, acquiring a stake in transmission system operator Amprion to support a secure energy supply and the energy transition. “Electricity grids are becoming increasingly important as the backbone of a decarbonised energy system,” says Mario Skoric, CEO at Allianz Investment Management.
