Gift City

South Africa's Santam secures nod to open reinsurance branch in India’s GIFT City

February 19 2026

Santam becomes the first insurer from a BRICS member outside India to establish a presence in the GIFT City reinsurance hub.

Gujarat appoints Uday Kotak as chairman of GIFT City operator

February 16 2026

Kotak steps into the role having led Kotak Mahindra Bank for over four decades.

ADNIC to establish GIFT City branch in India

January 29 2026

Targeted for the second half of 2026, the new branch would extend the insurer's office network beyond the UAE, Saudi Arabia, and the UK.

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Sing Re secures GIFT City licence

June 14 2025

Entry into GIFT City follows recent moves by other international industry players.

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Peak Re to establish new branch in India’s GIFT City

March 31 2025

The branch will be led by reinsurer's Head of India, Sudhir Salian.

IndiaFirst Life becomes first life insurer to start GIFT City operations

August 29 2024

Insurer sets up in special economic zone, looking to serve a global consumer base.

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Allianz Partners becomes first foreign reinsurer to operate in India's GIFT City

April 5 2024

Establishment of reinsurance branch in GIFT City aligns with the IRDAI's efforts to increase reinsurance capacity in the country.

IndiaFirst Life becomes first life insurer to receive Gift City IFSC registration, targets global expansion

November 9 2023

IndiaFirst Life Insurance sets its sights on global outreach by registering with GIFT City's International Financial Services Centre, amid plans for an upcoming IPO.

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