A centre for the London company insurance and reinsurance market specializing in non-marine insurance. Unlike Lloyd's the LUC is not a market association; it is essentially a place in which leading underwriting companies active in the London insurance market can have their offices and be visited by brokers. It also houses the London International Insurance and Reinsurance Market Association (LIRMA), the organization that represents the interests of companies active in the London international non-marine insurance and reinsurance market. It opened in 1993.
Subjects: Financial Institutions and Services.