Mumbai, March 26 -- Allianz Jio Reinsurance has appointed Sonia Rawal as the chief executive officer of the joint venture, which has commenced operations on 26 March.

Rawal brings 17 years of experience in risk management and reinsurance across Asia-Pacific. She has been with Allianz Reinsurance in Singapore since 2016, overseeing India and ASEAN markets.

The 50:50 joint venture between Jio Financial Services and Allianz Group received final approval from the Insurance Regulatory and Development Authority of India on 12 March.

Headquartered in Mumbai, Allianz Jio Re said it aims to become a strategic long-term partner for the Indian market with a mission to fortify the resilience of the country's insurance ecosystem.

"The launch of Al...