Everest Group Ltd. Expands APAC Presence with New Reinsurance Office in India's GIFT City

Reuters
2025.09.22 13:47
portai
I'm PortAI, I can summarize articles.

Everest Group Ltd. has opened a new reinsurance office in GIFT City, India, expanding its presence in the Asia Pacific region. This move, following regulatory approval from the IFSCA, aims to enhance local client engagement and diversify geographically. The office will focus on partnerships with local and multinational insurers, providing tailored reinsurance solutions. Led by Kevin Bogardus, this expansion targets India's growing reinsurance market, driven by strong economic growth and demand for advanced solutions.