Ms Sonia Rawal has been appointed as the first Chief Executive Officer of Allianz Jio Reinsurance, which has commenced operations on 26 March 2026.
Ms 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.
Allianz Jio Re, a 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 this year.
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.
A press release issued by the new reinsurer quotes Ms Rawal, “I am indeed excited for the journey ahead, as we build a reinsurance business that contributes meaningfully to India’s rapidly evolving insurance landscape. We aim to bring a powerful combination of in-depth global and local expertise to the market and create long-term value by delivering tailored products and services to our clients and becoming their trusted partner.”