New set-up
Insurance & Reinsurance (IIO)
Write direct insurance and reinsurance in foreign currency
In brief
What insurance & reinsurance (iio) means here
An IFSC Insurance Office is a branch or subsidiary of an insurer or reinsurer writing direct and reinsurance business from the zone. The parent assigns a net owned fund to the office, solvency is monitored, and business is transacted in freely convertible currency with rupee cover only in specified cases.
Applicable regulation
IFSCA (Registration of Insurance Business) Regulations, 2021 and the IIO operating guidelines.
Scope and commercials are confirmed in writing after a scope review.
Already registered
Entities registered in insurance & reinsurance (iio)
Names as published in the live register, refreshed automatically. Names only — no registration numbers.
- Abu Dhabi National Insurance Company PJSC
- African Reinsurance Corporation
- Ageas Federal Life Insurance Company Limited
- Arch Reinsurance Europe Underwriting dac
- Assicurazioni Generali S.p.A.
- AWP P&C S.A.
- Axis Max Life Insurance Limited
- Berkley Insurance Company
- Canara HSBC Life Insurance Co. Ltd.
- Care Health Insurance Ltd.
- Doha Insurance Group (Q.P.S.C)
- EarthRe Insurance IFSC Limited
- ECGC Ltd.
- Echo Reinsurance Limited
- Eurasia Insurance Company JSC
- Everest Reinsurance Company
- General Insurance Corporation of India
- HDFC International Life and Re Co. Ltd.
- ICICI Lombard General Insurance Co. Ltd.
- ICICI Prudential Life Insurance Company Limited
- IndiaFirst Life Insurance Co. Ltd.
- International General Insurance Company (UK) Limited
- Korean Reinsurance Company
- Kuwait Reinsurance Company
- Life Insurance Corporation of India
- MAPFRE RE, COMPANIA DE REASEGUROS, S.A.
- MS First Capital Insurance Limited
- Niyam Group Services IFSC Private Limited underwriting on behalf of Niyam Syndicate 2047
- Partner Reinsurance Asia Pte Ltd
- Peak Reinsurance Company Limited
- Qatar Islamic Insurance Group (Q.P.S.C.)
- Santam Limited
- Saudi Reinsurance Company
- Singapore Reinsurance Corporation Limited
- Society of Lloyd’s
- Star Health & Allied Insurance Co. Ltd.
- Star Union Dai-Ichi Life Insurance Co. Ltd.
- Starr International Insurance (Singapore) Pte. Ltd. , IFSC Branch
- TATA AIA Life Insurance Co. Ltd.
- TATA AIG General Insurance Company Ltd.
- The New India Assurance Co. Ltd.
Interested in set-up?
Check your fit for insurance & reinsurance (iio).
Nine short questions on permitted activity, registrations, legal form, regulators, net worth and fees. Our expert covers whatever you are unsure about.