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About Starr Insurance
Starr Insurance Companies is a leading global insurance and investment organization, operating under the marketing name for the insurance and travel assistance companies and subsidiaries of Starr International Company, Inc., and the investment business of C.V. Starr & Co., Inc. and its subsidiaries[1][2][5]. Here are some key points about Starr Insurance:
- History: Starr Insurance traces its roots back to 1919 when Cornelius Vander Starr established his first insurance company in Shanghai, China[1][3][5].
- Global Presence: Starr operates on six continents, with a presence in numerous countries including the U.S., Bermuda, China, Hong Kong, Singapore, U.K., and Malta[1][2][3].
- Insurance Products: Starr offers a wide range of insurance products, including property, casualty, accident and health insurance, as well as specialty coverages such as aviation, marine, energy, and excess casualty insurance[1][2][3].
- Ratings: Starrs insurance company subsidiaries have an A.M. Best rating of A (Excellent), while its Lloyds syndicate has a Standard & Poors rating of A+ (Strong)[1][2].
- Recent Developments: As of April 2023, Starr began directly underwriting technical risks property insurance through its own companies, ending a 17-year partnership with Chubb[2].
Key Figures:
- Maurice R. Greenberg: The current chairman and CEO of C.V. Starr & Co. Inc., Starr Insurance Companies, and The Starr Foundation. He is a prominent figure in the insurance industry, previously leading American International Group (AIG)[3].
Headquarters and Size:
- Headquarters: Located at 399 Park Avenue, 2nd Floor, New York, New York 10022, United States[3].
- Employee Base: Over 2,000 employees globally[3].
- Gross Written Premiums: Approximately $8.3 billion in 2021[3].
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