| Abbreviation | IUE |
|---|---|
| Predecessor | London International Insurance and Reinsurance Market Association and the Institute of London Underwriters |
| Established | 1998 |
| Type | Trade association |
| Legal status | Association |
| Purpose | Representing the non Lloyds insurance and reinsurance industry |
| Location | |
Region served | Worldwide |
| Products | Lobbying, advocating for the industry |
Official language | English |
| Website | www |
The International Underwriting Association (IUA) of London is a trade association that represents companies that trade in the London insurance market outside Lloyd's of London. They include branches or subsidiaries of nearly all the world's largest international insurance and reinsurance companies.
As of 2009[update], members of the association wrote a total of at least £10 billion premium, a figure that does not include income processed outside the London market bureau.[1] This business is wholesale, the bulk being made up of insurance for large multinational companies or reinsurance. Most of it is international, brought into London by brokers.
The IUA provides a forum for discussing market issues and providing technical support to practitioners. IUA members collectively own a 25% share of Xchanging Ins-sure Services (XIS), the provider of back office processing services to the London market.[2]