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Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Two of Lloyd’s Syndicates, Syndicate 2047 set up by Bobby Swarup’ Niyam Group and Syndicate 2454, belonging to Africa Specialty Risks(ASR), have already announced their decisions to be part Lloyd’s platform in the GIFT-IFSC. GIFT...
West Asia Crisis:Govt now says yes to IFSCA’s plan to set up a P&I Club and Captives

West Asia Crisis:Govt now says yes to IFSCA’s plan to set up a P&I Club and Captives

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance

The Department of Financial Services(DFS) last week has written to the IFSCA to go ahead with earlier plans to develop P&I Club and Captives in its jurisdiction after eruption the West Asian geopolitical crisis completely disrupting shipping and supply of oil and...
Bermudian reinsurer Partner Re ventures into India’s GIFT City

Bermudian reinsurer Partner Re ventures into India’s GIFT City

by AIP Online Bureau | Feb 26, 2026 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance

“PartnerRe’s GIFT City branch will provide support to Indian clients, enhancing responsiveness, regulatory alignment, and ease of doing business, offering locally the depth of PartnerRe’s global underwriting expertise and capital strength.With our experienced...
Spain’s Map Re receives approval for its branch office in India’s GIFT City

Spain’s Map Re receives approval for its branch office in India’s GIFT City

by AIP Online Bureau | Feb 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance

“The authorization to operate in India means we’ll be even closer to our clients and that we’ll also be able to leverage our technical knowledge and underwriting capacity in a market with high development potential,” stated Miguel Rosa, CEO of Mapfre Re Mumbai/GIFT...
IFSCA developing regulations for issuing Cat Bonds in GIFT-IFSC

IFSCA developing regulations for issuing Cat Bonds in GIFT-IFSC

by AIP Online Bureau | Jan 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

(Lto R)Deepak Sood, member(Non-Life), Ajay Seth, chairman, IRDAI, Hasmukh Adhia,chairman, GIFT-City,K Rajaraman, chairman, International Financial Services Centres Authority(IFSCA),M Nagaraju, Secretary, Department of Financial Services and Mahipal Reddy, executive...
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