JC Flowers agrees to buy majority stake in GIFT-City’s Niyam Group

31st March, 2026

Aravind Bulusu

The private investment firm has entered into an agreement with GIFT-City based Niyam Group to acquire a controlling stake in the Indian reinsurance company, and is a lead investor in the new Niyam Syndicate 2047 entity.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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