Bermuda-based reinsurer PartnerRe has received regulatory approval to establish a branch office in India’s Gujarat International Finance Tec-City (GIFT City).
The new branch is part of PartnerRe’s Asia Pacific reinsurance business, led by James Beedle, CEO of PartnerRe Asia Pte. Ltd. and CEO P&C APAC.
PartnerRe said the expansion reinforces its long-term commitment to the Indian market and the broader region.
The GIFT City branch will support Indian clients by enhancing responsiveness, ensuring regulatory alignment, and simplifying business operations, while providing the depth of PartnerRe’s global underwriting expertise and capital strength locally.
Beedle commented, “We are delighted to be able to establish our GIFT City branch and deepen our support for Indian insurers and regionally. This milestone reflects our commitment to the region and our confidence in India’s dynamic risk landscape. With our experienced local team and global resources, we look forward to building lasting partnerships and supporting our clients’ growth.”
PartnerRe is the latest company to receive approval to establish a branch in GIFT City. Earlier this month, Santam was granted a licence to set up a reinsurance branch there. In January 2026, Saudi Re obtained approval to open a branch in GIFT City, while Korean Re announced plans to commence operations for its Indian branch in April 2026.
