Reinsurance News

Starr Insurance Companies

Senate Budget Committee launches investigation into insurance companies’ climate risk evaluation, fossil fuel support

12th June 2023

The Senate Budget Committee, led by Senator Whitehouse (D-RI), alongside Senators Wyden (D-OR) and Sanders (I-VT), initiated an investigation into the evaluation of climate-related risks by major U.S. insurance companies. The committee seeks to understand why these companies continue to support and underwrite fossil fuel expansion projects that contribute to climate ... Read the full article

Starr expands its presence in Malaysia by establishing a new branch

10th May 2023

Starr Insurance Companies has expanded its presence in Malaysia by establishing a Labuan Branch (Starr Labuan) of Starr International Insurance (Singapore) Pte. Ltd., a non-life insurer organised under the laws of Singapore. Starr Labuan has secured a license from the Labuan Financial Services Authority for Labuan general insurance and reinsurance. New ... Read the full article

Starr now directly underwrites tech property, concluding relationship with Chubb

28th April 2023

Starr Insurance Companies has announced it is now underwriting property - technical risks business through its own insurance companies. The move marks the conclusion of the company’s 17-year relationship with property and casualty insurer Chubb. Starr stated that this transition should be seamless for its clients, the only change they will see ... Read the full article

Starr Insurances adds AIG’s Catherine Wong to its Casualty team

27th April 2023

Starr Insurance Companies, a provider of commercial property and casualty insurance, has appointed Catherine Wong as Chief Underwriting Officer, Casualty for the Asia-Pacific (APAC) region. She is joining Starr following almost two decades with AIG, where she specialised in Casualty underwriting. Her most recent role at the insurer was as Head ... Read the full article

Starr hires Alleghany’s Shannon as SIO as Patin resigns

6th April 2023

Starr Insurance Companies has announced that John Patin, Senior Investment Officer (SIO), has resigned from his position for personal reasons. The company has confirmed that John F. Shannon, formerly with Alleghany Corp., has been named to succeed him. Based in New York, Shannon previously served as Senior Vice President and Chief ... Read the full article

Starr Insurance Companies to acquire Thai non-life insurer

20th May 2022

Starr Insurance Companies has announced an agreement with FPG Insurance Holdings Limited and local Thai shareholders to purchase FPG Insurance Public Company Limited – a Thai non-life insurance company, together with local Thai parties. Starr’s investment will be held by its Bermuda insurance company, Starr Insurance & Reinsurance Limited. The transaction is ... Read the full article

Starr Insurance and Reinsurance chooses Harel to be its representative in Israel

26th January 2022

The US-based Starr Insurance and Reinsurance have chosen Harel Insurance Group as their representatives in Israel. The news, as reported in the Jerusalem Post, will see Starr become the eighteenth company represented by Harel. Gideon Hamburger, president of Harel, said the company was continuing to expand its global activity. He added: "Harel Group ... Read the full article

Now Health announces new program with Starr

9th June 2021

Private medical insurer Now Health International Group has partnered with Starr Insurance Companies on a program designed to help drive forward its growth plans in Europe. The partnership combines Now Health’s global presence and experience in providing health insurance solutions with Starr’s long-standing knowledge and ability to deliver customised solutions. The program ... Read the full article

Starr Insurance hires new head of global aviation

29th September 2020

Starr Insurance Companies has announced the appointment of Andy Trundle as head of global aviation. Trundle will be responsible for supporting the division's growth across all aspects of Starr’s aviation portfolio, including airlines, general aviation, light aviation and aerospace. Trundle has worked for Starr for over three years, having previously served as ... Read the full article

Starr Insurance launches new aviation policy for pilots

28th May 2020

Starr Insurance Companies has announced the launch of  Starr Gate, a new usage-based general aviation policy for pilots who rent aircraft. The policy charges pilots for coverage based on when they are flying, and includes access to CloudAhoy, a third-party, cloud-based pilot analytics tool, for a potential discount on the premium. “This ... Read the full article

Starr’s Aviation unit extends deadlines for policyholders amid COVID-19

9th April 2020

Starr Aviation, a division of Starr Technical Risks Agency, Inc. and within Starr Insurance Companies, is set to make accommodations under its general aviation policies to extend some training and medical-certification deadlines for insured pilots. The move comes in response to the social distancing measures that have been implemented across the ... Read the full article

Starr Insurance adds John Patin as senior investment officer

2nd April 2020

Starr Insurance Companies has announced the appointment of John Patin as senior investment officer. Patin takes responsibility for managing the diverse asset portfolio of Starr’s insurance operating companies. He has spent most of his 20 years’ experience managing investments for insurance enterprises, including most recently Allied World Assurance. He previously was a principal ... Read the full article

Starr Insurance appoints VP for Southeast Region

24th January 2020

Starr Insurance Companies has announced the appointment of Kathleen Murphy as Regional Vice President (VP) for the Southeast Region. Effective from January 13, 2019, Murphy will be responsible for field leadership as well as broker and client relationships. In this role, Murphy will report directly to Robert Cruz, Senior Vice President, Sales ... Read the full article

Starr Insurance names Canadian Territory Manager for Aviation

8th January 2020

Starr Insurance Companies has announced the appointment of Paul O’Ryan as Canadian Territory Manager for General Aviation. Based in Toronto, O’Ryan will report to Kyle Sparks, Senior Vice President, Chief Underwriting Officer GA/CR at Starr Insurance. He joins the company from Swiss Re, where he has spent the last 21 years, most ... Read the full article

Starr Insurance Companies’ names lead for new aviation insurance unit

18th December 2019

Carsten Nawrath is set to lead Starr Insurance Companies' new aviation insurance operation based in Munich, Germany, as Aviation Underwriting Manager. In his new role, Nawrath will report directly to Joost Vink, Head of Europe for Starr. Starr Insurance Companies explains that its new aviation insurance unit will write Aerospace and ... Read the full article