JC Flowers backs Niyam reinsurance bet as GIFT City gains traction
Published on: March 31, 2026, 5:08 p.m. | Source: The Economic Times
JC Flowers & Co. is investing in Niyam Group to launch a new Lloyd's Syndicate. This move aims to bring global capital into India's rapidly expanding reinsurance sector. The platform will begin underwriting from April 1, focusing on India's vast growth potential. This initiative supports the nation's vision for increased insurance penetration and aims to reduce overseas premium outflows.
