GIFT City’s insurance and reinsurance ecosystem has recorded strong growth, with premium volumes rising more than 11 times over the past five years to cross $1.2 billion in 2025, reflecting the increasing scale of India-linked risk underwriting at the International Financial Services Centre (IFSC).
According to a media release issued on Thursday, premium volumes expanded from $102 million in 2020 to over $1.2 billion in 2025. The expansion has been supported by a steady rise in the number of insurers and reinsurers operating in GIFT City.
