J.C. Flowers & Co. to Acquire Controlling Stake in Niyam Group and Launch Niyam Syndicate 2047 at Lloyd's
March 31, 2026
J.C. Flowers & Co. has entered into an agreement to acquire a controlling stake in Niyam Group, a reinsurance platform based in Gujarat International Finance Tec-City (GIFT City). The firm will also act as lead investor in Niyam Syndicate 2047, a newly established Lloyd’s syndicate expected to begin underwriting on April 1.
- Buyers
- J.C. Flowers & Co.
- Targets
- Niyam Group, Niyam Syndicate 2047
- Industry
- Insurance
- Location
- Gujarat, India
- Transaction Type
- Buyout
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