The International Financial Services Centres Authority (“IFSCA”) has uploaded the IFSCA Bulletin for Q3 (October–December) of FY 2025–26, dated
February 24, 2026.
The key highlights relating to the insurance sector are as follows:
- As of the end of December 2025, there were 24 Insurance Firms and 31 Insurance Intermediaries operating in IFSC.
- The premium written by IFSC Insurance Offices (IIOs) during Q3 (provisional figures) stood at USD 157.38 million.
- The premium transacted by IFSC Insurance Intermediary Offices (IIIOs) during Q3 (provisional figures) amounted to USD 141.96 million.
- Direct insurance business undertaken by IIOs recorded a Gross Written Premium (GWP) of USD 9.24 million (provisional figures).
- Reinsurance business recorded a Gross Written Premium (GWP) of USD 148.13 million (provisional figures).
A copy of the Bulletin is attached herewith for your ready reference.
Source category: IFSC Insurance Office
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