The development follows a series of market entries. PartnerRe Ltd. obtained a license in February to open a branch in GIFT City, forming part of its Asia-Pacific reinsurance operations led by James Beedle. Additional reinsurers launching or receiving approvals in 2026 include Allianz Jio Reinsurance, Echo Re, Santam, MAPFRE Re, and Saudi Re, based on regulatory disclosures and company announcements.
