The Indian financial authorities aim to advance the insurance-linked securities (ILS) and catastrophe bond framework within India, specifically through the GIFT-IFSC jurisdiction.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, is set to open a branch in India, in India's first International Financial Services Centre (IFSC) in GIFT City in Gujarat in India.
Hannover Re has appointed Mr Prateek Maheshwari as CFO of its India branch.
Arundo Re has successfully issued the 157 Re 26 sidecar, marking the eighth issuance under this platform.
The Financial Services Commission (FSC) has announced that an update has been made to the standard information consent form in the insurance industry on 2 January 2026 to promote retrocession contracts. This update will help insurers spread risk and enhance stability in claims payouts for policyholders.
Saudi Reinsurance Company (Saudi Re) has said that the establishment of its new branch in International Finance Tec-City (GIFT City) in Gujarat in India aligns with the company's expansion strategy and supports geographic risk diversification,
Tunis Re, a leading reinsurer in Africa and the MENA region, has reported total turnover of TND238.4m ($82.7m) for 2025 with the company describing its portfolio as stable compared to 2024.
AI12, a specialist (re)insurance broker headquartered in the DIFC, has appointed Mr Edward Sheppard as Chief Broking Officer.
MS Amlin has appointed Ms Sarah Wilson as Head of Outwards Reinsurance. Prior to her promotion, she was Co-Lead of the Outwards Reinsurance function at the company.