Major global reinsurers, including Lloyd's of London, are seeking Indian regulatory approval to establish operations in GIFT City, a low-ta...

India is poised to emerge as a major player in the global reinsurance landscape. M Nagaraju, Secretary of Financial Services, has encourage...

To be sure, GIFT City already extends several benefits to reinsurers seeking to make this an operational hub. It offers no additional capit...

HSBC and EY India launched a compendium highlighting GIFT City's advantages as India's International Financial Services Centre. The resourc...

Allianz 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 started in 2007 as a completely greenfield experiment when PM Modi was the chief minister of the state of Gujarat. In 2020 the go...

The unit will "carry out finance activities including activities like fund pooling of foreign companies and utilising the same for carrying...

Narendra Modi is likely to formally launch the operations of JPMorgan Chase, Deutsche Bank and Japan's MUFG at the International Financial ...

The Gift City, JPMorgan, Deutsche Bank and the IFSCA that also regulates businesses in the special economic zone, did not comment. An MUFG ...

This collaboration will facilitate capacity building in insurance and risk management space for participants in GIFT City, according to a s...

GIFT City is the only International Financial Services Centre in India, which is the financial services equivalent of special economic zone...

The offshore unit will enable ICICI Lombard to harness new opportunities in direct insurance and reinsurance areas by offering offshore dir...

Presently, foreign reinsurers which already have branches in India have to apply for a fresh licence in GIFT City, enjoying taxation benefi...

"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

Companies would also be allowed to undertake domestic insurance and reinsurance business in line with the provisions of Irdai regulation, i...

With an office here, we can write business from all parts of the world," said New India chairman G Srinivasan.

"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...