AIRROC

AcronymDefinition
AIRROCAssociation of Insurance and Reinsurance Run Off Companies (est. 2004)
References in periodicals archive ?
Membership is on a corporate level, and given the impact and importance of legacy business to the entire industry, AIRROC has attracted many talented and experienced participants.
A number of trade groups have also developed over the past two decades devoted in whole or in part to legacy business, such as AIRROC (Association of Insurance and Reinsurance Run Off Companies) and IAIR (International Association of Insurance Receivers).
Through its framework and with industry participation, AIRROC, according to its written statement, will work to find and promote common interest; assess and improve existing practices; and increase communication among otherwise separate companies and groups.