Cyril Amarchand Mangaldas advised Everest Reinsurance Company on the establishment of its IFSC Insurance Office in IFSC, GIFT City.
The transaction team was led by Indranath Bishnu, Partner (Head — Insurance) and Ketaki Mehta, Partner – Gift City with support from Jinisha Motwani, Senior Associate; Shravan Belsare, Senior Associate; Hridaykrishna Motwani, Associate; Jinansh Shah, Associate; Sakshi Nathani, Associate Ishita Sharma, Associate; and Abhishek Chandel, Associate.
Team led by Kunal Savani, Partner; with support from Bipluv Jhingan, Principal Associate; Shivam Garg, Principal Associate; Samyak Navedia, Consultant; Navya Bhandari and D R Shashank, Associate; advised on tax related aspects of the transaction.
Abe Abraham, Partner; with support from Akshat Sahajpal, Principal Associate; Soumyashree Chowdhury, Senior Associate; Nilavan S, Associate; and Abhilash Tyagi, Associate; assisted on employment law aspects of the transaction.
Everest Reinsurance Company, IFSC Branch received the IFSCA Certificate of Registration for undertaking reinsurance business in IFSC as an IFSC Insurance Office (IIO) at the GIFT City, Gujarat, India, on September 19, 2025. The approval has been secured under the IFSCA (Registration of Insurance Business) Regulations, 2021.