This appointment represents a key milestone in Mapfre Re’s Asia-Pacific strategy and supports the company’s ambition to build a strong local presence, enhancing proximity to clients and brokers in the region
GIFT City: Spanish major Mapfre Re has appointed Chaturbhuj Bansal from Swiss Re’s India operations as head of its India Branch in the GIFT-IFSC, reinforcing its commitment to growth in one of the most dynamic reinsurance markets globally.
The appointment is subject to regulatory approval,
He will be based in the GIFT city.
This appointment represents a key milestone in Mapfre Re’s Asia-Pacific strategy and supports the company’s ambition to build a strong local presence, enhancing proximity to clients and brokers in the region.
Bansal brings over 16 years of experience in the insurance and reinsurance industry across underwriting and risk management, with a strong background in the Indian and Asia-Pacific markets.
With this move, Mapfre Re continues to expand its international footprint and strengthen its ability to deliver tailored solutions in key growth markets.
There are now over 20 multinational reinsurers, which have set up their operations in thye GIFT-IFSC.