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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Sunday, October 4, 2026

Gift City

Smiling woman portrait in a circular frame over a city skyline with Saudi Re logo in both Arabic and English text.
Saudi Re appoints Ruchi Jain to lead GIFT City branch in India
June 9 2026
Jain, a former Swiss Re executive, will head Saudi Re’s India operations as the reinsurer expands into its second Asian market.
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GIFT City insurance GWP doubles in FY2026 as reinsurers expand fourfold
June 9 2026
Health and personal accident drove premium growth, as (re)insurers overtook intermediaries as the main source of premiums transacted in the hub.
echo-re-opens-first-india-office-with-gift-city-branch
IGI secures approval to open reinsurance branch in India's GIFT City
June 9 2026
The move adds IGI to a growing list of global (re)insurers at GIFT City, where gross written premiums nearly doubled to US$1.13bn in FY2026.
mapfre-re-hires-ex-swiss-re-executive-to-lead-india-operations
Mapfre Re hires ex-Swiss Re executive to lead India operations
June 2 2026
Chaturbhuj Bansal will head Mapfre Re's India branch in GIFT City, as the reinsurer strengthens its presence in a key growth market.
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Santam names Hemant Gulati as country head for GIFT City India branch
May 15 2026
He moves to the South Africa-based (re)insurer after over 17 years at Unison Insurance Broking Services.
mapfre-re-secures-approval-for-gift-city-branch-in-india
Kuwait Re begins operations from India's GIFT City
April 27 2026
Kuwait Re has joined a growing group of global reinsurers operating from GIFT City.
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GIFT City (re)insurance premiums reach US$1.2bn in 2025
April 3 2026
Premium volumes written through GIFT City’s IFSC have grown more than eleven times over five years alongside a rise in the number of insurance offices.
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Echo Re opens first India office with GIFT City branch
March 16 2026
The Zurich-based reinsurer, which has operated in India for more than a decade, gains a local base in the special economic zone.
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IFSCA sets revised fee structure for insurers and intermediaries at GIFT City
March 6 2026
The new framework requires insurers to make pro rata annual fee payments in the year of registration.
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LIC commences operations at IFSC branch in GIFT City
March 3 2026
The state-owned life insurer joins a growing number of global insurers establishing a presence in GIFT City.
PartnerRe deepens India push with GIFT City hub
PartnerRe deepens India push with GIFT City hub
February 26 2026
The GIFT City branch forms part of the reinsurer's APAC business, under CEO James Beedle.
mapfre-re-secures-approval-for-gift-city-branch-in-india
IFSCA eyes ILS framework for India — Report
February 23 2026
Amid growing interest from private equity and institutional investors, IFSCA is proposing a framework to allow SPVs to issue and manage catastrophe bonds.
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.