India, Jan. 19 -- The Government of India has issued a release:

Shri M. Nagaraju, Secretary, DFS, addressed the 3rd Edition of the IFSCA-IRDAI-GIFT City Global Reinsurance Summit in Mumbai, today. The address began by commending the outstanding performance of IFSC GIFT City. The Secretary stated that India stands at the cusp of transformative growth in its reinsurance sector, and that the theme "Bridging India Today, Insuring India Tomorrow - the India Evolution Roadmap" is closely aligned with the vision of "Insurance for All by 2047".

The IFSCA-IRDAI GIFT City Global Reinsurance Summit was described by the Secretary as a vital platform that brings together key stakeholders from the financial services sector. Insurance and reinsurance we...