IFSC sector
Insurance & Reinsurance
IFSC Insurance Offices (IIOs) and IFSC Insurance Intermediary Offices (IIIOs) write direct insurance and reinsurance business in foreign currency from GIFT IFSC, covering global risks and Indian offshore exposures. Premium transacted by insurance entities crossed USD 334 million in Q4 2025-26.
IIOs, IIIOs and a global risk marketplace
Highlights
What stands out
- USD 334 Mn+ premium transacted by IIOs and IIIOs (Q4 2025-26)
- Indian and global insurers, reinsurers and brokers operating side by side
- Capacity for marine, aviation, energy, cyber and specialty risks
- Registration and capital norms set centrally by IFSCA
Permitted activities
What entities actually do here
- Direct insurance and reinsurance in foreign currency
- Specialty and large-risk placements
- Insurance broking, surveying and loss assessment through IIIOs
- Captive insurance structures
Regulation
How it is governed
IFSCA (Registration of Insurance Business) Regulations and IFSCA (Insurance Intermediary) Regulations.
Compiled from official material published by IFSCA, GIFT City, GIFT Gujarat. Figures carry the period stated by the publishing authority. Always verify current requirements before acting.