{"id":394,"date":"2025-09-22T14:30:48","date_gmt":"2025-09-22T14:30:48","guid":{"rendered":"http:\/\/www.donleeauto.com\/?p=394"},"modified":"2025-09-23T09:45:34","modified_gmt":"2025-09-23T09:45:34","slug":"everest-opens-new-office-in-india-gift-city-to-boost-apac-business","status":"publish","type":"post","link":"http:\/\/www.donleeauto.com\/index.php\/2025\/09\/22\/everest-opens-new-office-in-india-gift-city-to-boost-apac-business\/","title":{"rendered":"Everest opens new office in India GIFT City to boost APAC business"},"content":{"rendered":"

Everest Reinsurance, the reinsurance division of Everest Group, is opening a new office in Gujarat International Finance Tec-City (GIFT City), India, following regulatory approval from the International Financial Services Centres Authority (IFSCA).<\/p>\n

\"everest-logo-2024\"Everest explained that this new office underscores its long-term strategy to diversify geographically, deepen local client engagement, and expand offerings across property, casualty, and specialty reinsurance lines.<\/p>\n

The new operation will reportedly form part of Everest\u2019s Asia Pacific Reinsurance business, under the leadership of Kevin Bogardus, Head of Reinsurance Asia and Pacific.<\/p>\n

Bogardus said, \u201cEverest has built strong relationships with many of India\u2019s leading insurers over the years.<\/p>\n

“Establishing a branch in GIFT City positions Everest to expand its partnerships with both local and multinational insurers, delivering tailored solutions to meet the evolving needs of this market.”<\/p>\n

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\"Ascot<\/a><\/div>\n<\/div>\n

Jill Beggs, Executive Vice President and CEO, Reinsurance, Everest, commented on the news, \u201cEverest\u2019s launch in India presents a significant opportunity, as one of the most dynamic reinsurance markets globally, shaped by strong economic growth, and rising demand for the advanced, long-term reinsurance solutions we offer.<\/p>\n

\u201cWe look forward to bringing our underwriting expertise, capital strength, and client-first culture to deliver long-term value to clients across Asia and globally.\u201d<\/p>\n

In related news, our directory of the top 50 global reinsurers, based on AM Best data, shows that Everest has become the largest Bermuda-based reinsurer<\/a>, with 2024 gross written premiums rising to $12.9 billion from $11.5 billion in 2023.<\/p>\n

The post Everest opens new office in India GIFT City to boost APAC business<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Everest Reinsurance, the reinsurance division of Everest Group, is opening a new office in Gujarat International Finance Tec-City (GIFT City), India, following regulatory approval from […]<\/p>\n","protected":false},"author":1,"featured_media":396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts\/394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/comments?post=394"}],"version-history":[{"count":3,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts\/394\/revisions"}],"predecessor-version":[{"id":398,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts\/394\/revisions\/398"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/media\/396"}],"wp:attachment":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/media?parent=394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/categories?post=394"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/tags?post=394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}