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India's GIFT City attracts Lloyd's and other global reinsurers, sources say
Major global reinsurers, including Lloyd's of London, are seeking Indian regulatory approval to establish operations in GIFT City, a low-tax financial hub. These companies aim to tap into India's substantial insurance market by offering specialized products and benefiting from favorable tax treatment and regulatory alignment.
Sources: Economic Times - Banking, Hindu, NDTV +13 more
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