LIRMALondon International Insurance and Reinsurance Market Association (insurance/finance)
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Most of LIRNK's members operate in a marketplace like Lloyd's and the ILU underwriters; about a third of LIRMA companies are now located in the recently opened London Underwriting Center.
The so-called fringe market consists of companies that normally are small and not members of ILU or LIRMA and which make a living taking small lines on risks led by Lloyd's syndicates or major ILU or LIRMA companies.
If you have a conference every two years, it tends to keep things at a high level," observed IUA chief executive Marie-Louise Rossi, adding that the merger of the ROA and LIRMA was a natural for the London players.