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

December 18, 2014

New York, NY

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.

“While we have every hope that Congress will pass an extension of TRIA when it convenes in January, Starr is ready to respond to the needs of our clients.  We have capacity for stand-alone coverage for a broad array of Property, Casualty and Aviation exposures.  We would also like to take this opportunity to emphasize that many of our policies already provide for terrorism exposure.  We encourage you to contact us immediately to create solutions for your needs.”