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Non-life insurers and reinsurers drives growth at India’s GIFT City
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Non-life insurers and reinsurers drives growth at India’s GIFT City
Insurance and reinsurance volumes have expanded rapidly at Gujarat International Finance Tec-City (GIFT City), India’s first operational greenfield smart city, hitting $1.2 billion in 2025 from $102 million in 2020, driven largely by non-life insurance and reinsurance segments, according to a release on ANI. The growth marks an over 11-fold increase in the last five years, and signals a strong scale-up of India-linked risk underwriting within th…
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