{"id":172800,"date":"2025-03-31T09:30:44","date_gmt":"2025-03-31T08:30:44","guid":{"rendered":"https:\/\/www.reinsurancene.ws\/?p=172800"},"modified":"2025-03-31T09:27:57","modified_gmt":"2025-03-31T08:27:57","slug":"peak-re-granted-licence-to-operate-in-gift-ifsc-india","status":"publish","type":"post","link":"https:\/\/www.reinsurancene.ws\/peak-re-granted-licence-to-operate-in-gift-ifsc-india\/","title":{"rendered":"Peak Re granted licence to operate in GIFT IFSC, India"},"content":{"rendered":"<p>Hong Kong-based global reinsurer Peak Reinsurance Company Limited (Peak Re) has secured a reinsurance branch licence as an IFSC Insurance Office (IIO) from the International Financial Services Centres Authority (IFSCA) on 20 February 2025 to conduct reinsurance business.<\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-158170 alignright\" src=\"https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2024\/08\/peak-re-logo.jpg\" alt=\"peak-re-logo\" width=\"360\" srcset=\"https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2024\/08\/peak-re-logo.jpg 800w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2024\/08\/peak-re-logo-300x188.jpg 300w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2024\/08\/peak-re-logo-768x480.jpg 768w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2024\/08\/peak-re-logo-200x125.jpg 200w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2024\/08\/peak-re-logo-100x63.jpg 100w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>The IIO, established in Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India, is classified as a Category 2 reinsurer under the applicable regulations for \u201cOrder of Preference\u201d and is authorised to underwrite both property &amp; casualty and life &amp; health reinsurance.<\/p>\n<p>This milestone marks a significant step in Peak Re\u2019s expansion across emerging markets in Asia and beyond.<\/p>\n<p>India is a key market for Peak Re, aligning with its goal of modernising reinsurance and supporting middle-class communities across the region.<\/p>\n<p>Establishing an IFSCA branch reinforces Peak Re\u2019s commitment to the India market, strengthening its ability to meet local needs and deepen engagement with the community.<\/p><div class=\"reins-in-every-article\" id=\"reins-230685638\"><div id=\"reins-1204118315\" style=\"margin-bottom: 10px;\"><a data-no-instant=\"1\" href=\"https:\/\/www.artemis.bm\/dashboard\/cat-bond-ils-market-statistics\/\" rel=\"noopener\" class=\"a2t-link\" target=\"_blank\" aria-label=\"Artemis catastrophe bond market charts and visualisations\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2026\/02\/new-artemis-cat-bond-charts-dashboard-728x90-banner.jpg\" alt=\"Artemis catastrophe bond market charts and visualisations\"  srcset=\"https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2026\/02\/new-artemis-cat-bond-charts-dashboard-728x90-banner.jpg 1456w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2026\/02\/new-artemis-cat-bond-charts-dashboard-728x90-banner-300x37.jpg 300w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2026\/02\/new-artemis-cat-bond-charts-dashboard-728x90-banner-1024x127.jpg 1024w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2026\/02\/new-artemis-cat-bond-charts-dashboard-728x90-banner-768x95.jpg 768w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2026\/02\/new-artemis-cat-bond-charts-dashboard-728x90-banner-200x25.jpg 200w, https:\/\/www.reinsurancene.ws\/wp-content\/uploads\/2026\/02\/new-artemis-cat-bond-charts-dashboard-728x90-banner-100x12.jpg 100w\" sizes=\"(max-width: 1456px) 100vw, 1456px\" width=\"728\" height=\"90\"   \/><\/a><\/div><\/div>\n<p>Sudhir Salian, Managing Director and Head of India at Peak Re, will oversee the development of the new branch.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based global reinsurer Peak Reinsurance Company Limited (Peak Re) has secured a reinsurance branch licence as an IFSC Insurance Office (IIO) from the International Financial Services Centres Authority (IFSCA) on 20 February 2025 to conduct reinsurance business. The IIO, established in Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India, is classified [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":158170,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[50,49],"class_list":["post-172800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-india","tag-peak-re"],"acf":[],"yoast_head":"<!-- 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