Gift City

BRICS backs reinsurance capacity talks, India offers GIFT City for risk lab

September 15 2026

The proposed resilience centre would build shared risk models, though the declaration commits no capital.

GIFT City Q1 GWP doubles to US$419m on life and fire reinsurance surge

GIFT City Q1 premiums rise almost tenfold to US$419m

September 7 2026

Reinsurance continued to dominate business though gains were offset by declines in health, personal accident and motor.

Tall glass office tower dominates the foreground, its reflective façade mirroring nearby buildings and a road network below on a sunny day.

Qatar Islamic Insurance Group secures GIFT City licence to enter India's reinsurance market

August 27 2026

It joins a growing list of international (re)insurers setting up operations at India's only IFSC hub in Gujarat.

Niyam Group names Lovenish Kumar director of operations

August 20 2026

He joins the reinsurer after managerial roles at AXA XL and XL Catlin.

GIFT City skyline with SEBI building, Mumbai, India, during daytime.

MS First Capital kicks off reinsurance operations from GIFT City

August 11 2026

The move aligns with MS&AD’s international strategy to pursue growth opportunities across Asia.

Modern cityscape with tall buildings near GIFT City, India, at sunset.

EarthRe secures IFSCA licence, becomes GIFT City's first incorporated reinsurer

August 6 2026

The technology-led start-up will underwrite natural catastrophe, climate, property, crop and specialty risk.

Wooden letter blocks spelling RISK sit on scattered US $100 bills, illustrating financial risk

Policybazaar offers US dollar-denominated term insurance for NRIs via GIFT City

July 30 2026

The product is designed to reduce currency depreciation risks for overseas Indians.

Berkley Insurance Asia names Shivi Bhutani as liability lines underwriter in GIFT City

July 24 2026

Bhutani joins following a brief stint at ICICI Lombard.

Ankur Gupta, CEO India, appointed by PartnerRe, in front of Mumbai skyline at sunset.

PartnerRe appoints Ankur Gupta as CEO India

July 16 2026

Gupta joins from Munich Re to lead PartnerRe's India business, months after the reinsurer officially opened its branch in GIFT City.

Echo Re taps Ankur Sharma as principal officer of India GIFT City branch

July 10 2026

The hire marks the latest step in the reinsurer's push into the Indian subcontinent, following its GIFT City licence approval in March.

Two men in circular headshots over a sunset cityscape with NIYAM branding in the top-left corner.

Niyam Group adds J.C. Flowers executives Porte, Cox to board

June 30 2026

Appointments reflect deeper J.C. Flowers backing and a shared strategy to build a reinsurer focused on India and other high-growth markets.

Gavel resting on a black law book with the Indian flag beside it on a wooden desk, symbolizing Indian law and justice.

India’s first comprehensive MGA rulebook arrives in GIFT City

June 18 2026

The dedicated framework allows MGAs to design products and run the policy lifecycle, but restricts them from entering reinsurance or syndicate structures.

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