IGI secures approval to open insurance office in India’s GIFT City
Summary
IGI has received approval to open an insurance office in GIFT City, India, through its UK subsidiary. The branch will operate as a reinsurance office, with plans to hire locally and begin business later this year. This move expands IGI’s footprint across key global regions and strengthens its presence in the Indian sub-continent. The company says GIFT City gives it a regulated platform to grow facultative and specialty treaty reinsurance activity and work more closely with cedants and brokers.
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