NEW YORK--(BUSINESS WIRE)--Starr International Insurance (Asia) Limited has received approval from the Philippine Insurance Commission to establish a branch office to provide General Insurance.
Starr’s Philippine operation will be located in Manila and will serve as a branch of Hong Kong based Starr International Insurance (Asia) Limited.
“Starr has a long and distinguished history in the Philippines and we look forward to renewing this relationship,” stated Maurice R. Greenberg, Chairman & Chief Executive Officer of Starr Insurance Holdings, Inc. “Obtaining this license is another important step in Starr's continued growth in this part of the world.”
Starr Companies is the worldwide marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment management business of C.V. Starr & Co., Inc. Starr Companies is a global, privately-held insurance and investments organization. Through its operating insurance companies, Starr Companies provides customized insurance products worldwide, with significant access to the U.S. excess and surplus marketplace for certain lines of business. Starr Companies underwrites a wide variety of property, casualty, and specialty lines, including accident & health, aviation, construction, crisis management, energy, environmental, marine, and primary & excess casualty insurance. Starr Companies also provides a broad spectrum of insurance-related services, including claims handling and settlement, reinsurance, risk assessment, loss control, and worldwide travel assistance services.
For more information visit us at www.starrcompanies.com
Contacts
Starr Companies
John Thompson, 646-227-6780
john.thompson@starrcompanies.com