EarthRe breaks ground as GIFT City’s first local reinsurerEarthRe Insurance IFSC Ltd. has secured a reinsurance license in India, becoming the first locally incorporated reinsurer in GIFT City, Reinsurance News reported. With capabilities across natural catastrophe, climate risk, property, crop and other specialty lines, the reinsurer aims to tailor products for India and the Global South – spanning traditional treaty and facultative reinsurance, structured covers and parametric solutions.