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GIFT CITY REINSURERS
Corp insurance premiums fall up to 80% this seasonCorporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...- JC Flowers backs Niyam reinsurance bet as GIFT City gains tractionJC Flowers & Co. is investing in Niyam Group to launch a new Lloyd's Syndicate. This move aims to bring global capital into India's rapidly...
- Budget 2026: India doubles tax holiday for GIFT City businesses to 20 yearsIndia's federal budget has significantly boosted GIFT City, doubling its tax holiday for new businesses to two decades. This move aims to a...
- India's GIFT City attracts Lloyd's and other global reinsurers, sources sayMajor global reinsurers, including Lloyd's of London, are seeking Indian regulatory approval to establish operations in GIFT City, a low-ta...
- IFSCA key to India’s global reinsurance hub ambitions: Financial Services SecretaryIndia is poised to emerge as a major player in the global reinsurance landscape. M Nagaraju, Secretary of Financial Services, has encourage...
- To become global reinsurance hub, GIFT City must offer global regularity clarityTo be sure, GIFT City already extends several benefits to reinsurers seeking to make this an operational hub. It offers no additional capit...
- GIFT City advantage: HSBC & EY launch compendium on India's international financial hubHSBC and EY India launched a compendium highlighting GIFT City's advantages as India's International Financial Services Centre. The resourc...
- Allianz Partners becomes first foreign reinsurer to launch operations in GIFT CityAllianz Partners launched IFSC Insurance Office at GIFT City, becoming the first foreign reinsurer. AWP P&C SA aims to transform India's re...
- GIFT City gears up for direct listings, re-insuranceGIFT City started in 2007 as a completely greenfield experiment when PM Modi was the chief minister of the state of Gujarat. In 2020 the go...
- IOC to set up unit in GIFT City to help raise capitalThe unit will "carry out finance activities including activities like fund pooling of foreign companies and utilising the same for carrying...
- JPMorgan, Deutsche and MUFG's entry to give Gift City a big boostNarendra Modi is likely to formally launch the operations of JPMorgan Chase, Deutsche Bank and Japan's MUFG at the International Financial ...
- GIFT CITY all set to get the biggest push in JulyThe Gift City, JPMorgan, Deutsche Bank and the IFSCA that also regulates businesses in the special economic zone, did not comment. An MUFG ...
- National Insurance Academy collaborates with GIFT City to strengthen insurance verticalThis collaboration will facilitate capacity building in insurance and risk management space for participants in GIFT City, according to a s...
- GIC shuts Dubai office, will shift to GIFT CityGIFT City is the only International Financial Services Centre in India, which is the financial services equivalent of special economic zone...
- ICICI Lombard gets approval to open international financial services centre unitThe offshore unit will enable ICICI Lombard to harness new opportunities in direct insurance and reinsurance areas by offering offshore dir...
- Foreign reinsurers may be allowed to open satellite offices in GIFT cityPresently, foreign reinsurers which already have branches in India have to apply for a fresh licence in GIFT City, enjoying taxation benefi...
- Protection gap in India at Rs 480 lakh crore, says IRDAI"Over Rs 6 lakh crore of insurance premium was collected in India in 2017. The potential is even bigger," says T S Vijayan, chairman, Irdai
- Irdai norms allow insurers to begin offshore business from GIFT IFSCCompanies would also be allowed to undertake domestic insurance and reinsurance business in line with the provisions of Irdai regulation, i...
- New India Assurance to set up reinsurance hub in GIFT CityWith an office here, we can write business from all parts of the world," said New India chairman G Srinivasan.
- Gujarat International Finance Tec-City will be like foreign territory: Ramakant Jha, MD & CEO"In IFSC, the logic is you will be doing dollar-denominated transactions and it will be like a foreign territory and it will have to be car...
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