MANAGING IN-FORCE BUSINESS IN ASIA

Introduction

IRLA is the UK market body for insurance and reinsurance legacy management professionals. IRLA is recognised as the voice of the legacy management sector by a wide range of government and market bodies including the UK Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), the Financial Services Compensation Scheme (FSCS); the Department of Work and Pensions (DWP) as well as the Employers Liability Tracing Office (ELTO). IRLA is also affiliated with several other market associations all the while working with these others to increase benefits to members.

Singapore

As in-force and legacy business develops in Asia, having a voice as the legacy market, as well as sharing best practice around managing and transacting on legacy business, is becoming increasingly important.

In collaboration with the Singapore Insurance Institute, IRLA plans to introduce IRLA at an event in 2022, delayed from 2021, and discuss the appetite for creating an IRLAAsia legacy body to take the market body forward in the region.

If you would like more information please contact Adam Horridge at  Adam_Horridge@swissre.com or call +65 6232 3578 .  You can also call the UK office on +44 7464 113651 and ask for Leslie-Ann Giovnilli.