Reinsurance News
India
India’s insurance and reinsurance market is dynamic and growing, a key location for global players and with an expanding domestic marketplace.
Read our India insurance or reinsurance news and analysis below.
Swiss Re’s Amitabha Ray on tackling Asia’s protection gap and emerging risks in 2026
17th December 2025
In a recent Reinsurance News interview, Amitabha Ray, Chief Executive Officer of Swiss Re India branch, shared his insights on the evolving landscape for reinsurance in 2026, with a particular focus on the Indian and broader Asia Pacific markets. As the global reinsurance market looks toward 2026, resilience continues to define ... Read the full article
Korean Re approved to establish branch in India’s GIFT City
28th November 2025
Seoul-based reinsurer Korean Reinsurance Company (Korean Re) has announced plans to commence operations for its Indian branch in April 2026. The reinsurer received regulatory approval to establish a new branch in Gujarat International Finance Tech-City (GIFT City), India’s first operational smart city and International Financial Services Centre (IFSC), on November 14th, ... Read the full article
Cyber threats and data privacy top Aon’s India risk survey for 2025
20th November 2025
According to insurance and reinsurance broking firm Aon’s 2025 Global Risk Management Survey, cyber attacks and data breaches have emerged as a top risk for Indian businesses in 2025. Additionally, data privacy (including GDPR) requirements and non-compliance have also become top concerns, reflecting the growing influence of global and local regulatory ... Read the full article
Liberty General Insurance introduces Surety Solutions in India
18th November 2025
Liberty General Insurance Ltd., part of the Liberty Mutual group, a long-standing insurance organisation, has introduced Surety Insurance in India. The move follows the IRDAI framework that allows Surety products to function alongside bank guarantees, expanding the range of financial instruments available within the country’s construction and infrastructure sectors. The Surety offerings ... Read the full article
India’s Kshema secures $20m from UN Green Climate Fund to expand offerings
5th November 2025
Kshema, the Indian agricultural insurer that leverages technology and parametric triggers to provide cover to smallholder farmers, is set to receive $20 million in funding from the UN Green Climate Fund (GCF) to help it scale up its offerings. GCF explained that its financing will be leveraged to mobilise additional capital, ... Read the full article
Arch Global Services India to drive innovation with new Trivandrum office
4th November 2025
Arch Global Services India, a wholly owned subsidiary of Arch Capital Group Ltd. has announced the opening of a new office in Trivandrum’s Technopark. Located in the Niagara building, the new offices are designed to encourage creativity and innovation, featuring cutting-edge workspaces, collaborative areas to boost creativity, innovation, engagement, teamwork, and ... Read the full article
Arch Global Services India opens technology hub in Hyderabad
30th October 2025
Arch Global Services India, a wholly-owned subsidiary of insurer and reinsurer Arch Capital Group Ltd., has announced the opening of its new office in Hyderabad. Managed by Raju Chiluvuri as Arch Global Services India Technology Head, the Hyderabad office is to focus on delivering innovative and technology-driven services across Arch Capital ... Read the full article
JBA Risk Management to launch India operations led by Mansi Kalra as MD
28th October 2025
UK-domiciled flood science specialist JBA Risk Management is establishing its Indian operations by opening an office in Bangalore next month, led by Mansi Kalra as Managing Director (MD). The move is motivated by the growing demand for advanced flood risk modelling and data solutions from the insurance and financial services sectors ... Read the full article
Starr authorised to offer re/insurance and establish branch office in GIFT City, India
23rd October 2025
Starr, an insurance and investment organisation, has announced that it has obtained registration from the International Financial Services Centres Authority (IFSCA) to establish a branch office in the Gujarat International Finance Tec-City (GIFT City), India. Starr is a global insurance and investment organisation offering commercial property and casualty products, as well ... Read the full article
India’s rapid infrastructure expansion a key driver of reinsurance growth: Howden India’s Singhal
15th October 2025
In an interview with Reinsurance News, Prateek Singhal, Executive President & Head of Reinsurance, Howden India, explained that India’s "massive infrastructure push and the maturation of specialty risk markets" are primary drivers of reinsurance growth in the country. Singhal noted that these conditions are ideal for reinsurance market growth as demand ... Read the full article
Everest opens new office in India GIFT City to boost APAC business
22nd September 2025
Everest Reinsurance, the reinsurance division of Everest Group, is opening a new office in Gujarat International Finance Tec-City (GIFT City), India, following regulatory approval from the International Financial Services Centres Authority (IFSCA). Everest explained that this new office underscores its long-term strategy to diversify geographically, deepen local client engagement, and expand ... Read the full article
JBA Risk Management launches new India crop catastrophe model
10th September 2025
UK-domiciled flood science specialist JBA Risk Management has launched an updated version of its probabilistic India crop catastrophe model for insurers and reinsurers, incorporating enhanced market data, crops, seasons, and districts to provide better risk management insights. The new model also includes insurance pricing of India’s two primary crop insurance schemes, ... Read the full article
Cyber incidents in APAC up 29% in 2024: Aon
12th August 2025
According to findings from Aon's 2025 Cyber Risk Report, cyber incidents in the Asia Pacific (APAC) region in 2024 rose by 29% year-over-year, and have increased by 134% since 2020. The insurance and reinsurance broker's report reveals that, in 2024, cyber insurance claims notifications increased by 22% across APAC, and due ... Read the full article
GIC Re’s profit soars 69% in Q1 as gross premiums reach ₹12,388 crore
8th August 2025
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported a net profit of ₹1,752 crore for the first quarter ended June 30, 2025, up around 69% compared to the same period of the previous financial year. GIC Re's gross premium figure stood at ₹12,388 crore for ... Read the full article
India strategy shifts from investor to domestic operator: Allianz CEO
7th August 2025
Following the sale of its 26% stakes in its Indian life and non-life insurance joint ventures and a binding agreement to form a 50:50 reinsurance venture, Allianz CEO Oliver Bäte said the group always intended to run a domestic business rather than remain a passive investor, and is now looking ... Read the full article
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