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Greenberg on China: "Let's Not Get All Panicky"

News from around the world and across the industry. Read More


Expanded Crime & Fidelity Capabilities: Fraudulent Impersonations Coverage

Starr Companies has launched its Fraudulent Impersonations Coverage, a new insurance product that covers the various kinds of theft damages that result from social engineering fraud, such as internet phishing scams. Read More


Important Information for Illinois Policyholders in Disaster Areas

On April 10, 2015, Illinois Governor Bruce Rauner declared DeKalb and Ogle counties state disaster areas after severe storms and tornados affected areas of Rochelle and Fairdale. Read More


Maurice R. Greenberg Releases Statement on the Passing of Robert “Bob” Benmosche

Starr Companies Chairman and CEO Maurice R. Greenberg has issued a statement on the passing today of former AIG CEO and President Robert “Bob” Benmosche. Read More


Starr Companies Statement on Cuba

As certain U.S.-imposed travel and other restrictions regarding Cuba have recently been eased, many U.S. travelers and businesses are considering new opportunities in the country. Maurice R. Greenberg, Chairman of Starr International Company, Inc., issued a statement noting Starr Companies’ unique and historic relationship with Cuba. Read More


Starr Companies Announces New Umbrella Product To Small Business Offering

Starr Companies announces a new Commercial Insurance Umbrella Liability policy, designed specifically for small-sized businesses. This product marks the next phase in Starr’s growing suite of insurance solutions for small businesses. Read More


Starr Companies’ Maurice R. Greenberg comments on failure to extend tria

Maurice R. Greenberg, Chairman & Chief Executive Officer of Starr Insurance Holdings, Inc. comments below on Congress’ inability to extend the Terrorism Risk Insurance Act (TRIA) before its deadline on December 31, 2014. Read More


Starr Companies Launches Cyber Insurance-Security & Privacy Risk Response Offered on a Primary Basis

Starr Companies has announced the launch of its cyber insurance offering. Security & Privacy Risk Response comprises coverage for both 1st and 3rd party costs, including network security and privacy liability, data breach notification and credit monitoring, forensics and investigations, business interruption, data recovery and repair, regulatory fines and penalties, and extortion threats. The coverage is now made available on a primary basis and complements Starr’s existing excess cyber insurance capabilities. Read More


Starr Companies Hires Rashmi Nehra as Practice Leader for Political Risk

Starr Companies announced today that Rashmi Nehra has joined the organization as a Practice Leader managing its Political Risk group. Reporting to Alex Pittignano, Senior Vice President of Political Risk, Ms. Nehra joins as Starr continues to expand as a leading provider of insurance coverage for global political risk exposures. Read More


Starr Companies Completes Ownership of Chinese Insurer

Starr Companies has announced the completion of its majority ownership of Shanghai based Dazhong Insurance Company Limited of China. Going forward, the company will be known as Starr Property & Casualty Insurance (China) Company, Limited (Starr China). Read More


Starr Companies Receives Listing as an Approved Surety from U.S. Treasury: Enhances Company’s Crime & Fidelity Product Scope

Starr Companies has announced that it has received approval from the United States Department of Treasury listing Starr Indemnity & Liability Company as an Approved Surety. The Treasury listing enhances Starr Financial Lines’ Crime & Fidelity product offerings. With the Treasury listing, Starr Indemnity & Liability Company can satisfy its clients’ ERISA bonding requirements. Starr’s Crime & Fidelity coverage is available in a primary and/or excess basis responding to the loss of Money, Securities, and Other Property owned or held by a customer. Read More


Starr Investment Holdings And Partners Group To Lead Acquisition Of MultiPlan From BC Partners And Silver Lake

Today, a group led by Starr Investment Holdings, an investment firm focused on long-term investments, and Partners Group, a global private markets investment management firm, announced the acquisition of MultiPlan, Inc. from Silver Lake, the global leader in technology investing, and BC Partners, a leading international private equity firm. Read More


Starr Companies Executive Intelligence Brief - January Issue (Preview)

The Executive Intelligence Brief is a service of risk analysis for Starr clients with a focus on politics, economics and security in emerging markets. Coverage includes assessments of business risks as well as opportunities. Read More


Starr Companies Receives Federal Order for Branch Office in Canada: Appoints Hano Pak Chief Agent & Country Executive of Canada

Starr Companies announces it has received a Federal Order from the Office of the Superintendent of Financial Institutions in Canada (OSFI) approving Starr Insurance & Reinsurance Limited. Starr has established a branch office in Toronto and will directly write a variety of commercial insurance lines. Read More


Starr Companies Executive Intelligence Brief - December Issue (Preview)

The Executive Intelligence Brief is a service of risk analysis for Starr clients with a focus on politics, economics and security in emerging markets. Coverage includes assessments of business risks as well as opportunities. Read More


Starr Companies Launches New Line of Property and Casualty Insurance for Small Businesses

Small businesses account for almost two-thirds of all new jobs created. They also contribute disproportionately to innovation, generating 13 times as many patents, per employee, as large companies do. That’s why when Starr Indemnity & Liability Co. launched StarrBOP™ earlier this year, it targeted the small business sector with a property and casualty offering (for companies with up to 50 employees and up to $15 million in sales) that also includes new ventures. Read More


Best's Review - Full Boat by David French

Starr Marine President is a guest columnist in the December issue of Best’s Review Magazine. David comments on the latest trends effecting the marine market both on the high seas and on the roadways. Read More


PropertyCasualty 360 - Flier's Market by Michael Voelker

The story in aviation insurance over the past decade has been a precipitous descent in premiums across all lines of coverage. “We have a 10-year client where, when we first wrote the account, pricing was about $80,000 a year. When it renewed this year, it was about $16,000 and there were six different insurers competing, all within $500 of each other,” says Jeff Rasmussen, president of Aero Insurance LLC in Madison, Wis. Read More


Philippines Inquirer - Former AIG Boss Puts Up PH Insurance Unit

After leading AIG to become the world’s biggest insurance firm only to watch it crumble from the sidelines during the Wall Street crisis a few years after he left, ex-AIG chair Maurice “Hank” Greenberg is now building an international non-life insurance empire under his Starr Group of Companies. Read More


Risk Management Monitor - "Greenberg: Insurers Should Step Up to TRIA—With Caution" by Caroline McDonald

Risks for businesses are constantly changing, but they should be seen as opportunities and not shied away from. This was the message from Maurice R. “Hank” Greenberg last week. Greenberg, chairman and CEO of Starr Companies and CEO of AIG until 2005 spoke at a KPMG insurance industry conference in Midtown Manhattan. Read More


Starr Companies Unveils Redesigned Website Greatly Enhancing Customer and Producer Experience

Starr Companies unveils its redesigned website today, enhancing the digital experience for its customers and producers. The new is aligned with the Company’s advertising campaign and possesses an upgraded technology platform. Read More


Starr Companies Launches Executive Intelligence Brief

Starting this month, Starr Companies will be launching the Executive Intelligence Brief, which will focus on global economic, political, security and other issues that are critical to any business enterprise trying to operate effectively in a foreign environment, friendly or hostile. Read More


STARR International Insurance (Asia) Limited Granted License in Philippines

STARR International Insurance (Asia) Limited has received approval from the Philippine Insurance Commission to establish a branch office to provide General Insurance. Read More


Starr Aviation Offers Accident Forgiveness with the SAFE Pilot Proficiency Project

STARR Aviation partnered with the Society of Aviation and Flight Educators (SAFE) and Redbird to reward the insured in the Pilot Proficiency Project. Read More


Starr Aviation Launches Online Airport Quoting System Through StarrLink

STARR Aviation announces the launch of its online airport quoting system via its secure broker portal, StarrLink. Read More


Starr Indemnity & Liability Company Receives Approval from the Risk Management Agency of the United States Department of Agriculture to Participate in Federal Multi-Peril Crop Program

STARR received approval from the United States Department of Agriculture to be an Approved Insurance Provider in the federal multi-­peril crop insurance program. Read More