
Starr Insurance is a leading global insurance and risk management company. It was founded in 1919 by John M. Starr.
Starr Insurance is owned by CVC Capital Partners, a private equity firm that acquired the company in 2006.
CVC Capital Partners is a global investment firm with over $120 billion in assets under management.
Starr Insurance Acquisitions
Starr Companies has a significant presence in China, having acquired Dazhong Insurance Company Limited in 2020, which will now be known as Starr Property and Casualty Insurance (China) Company, Limited.
Maurice Greenberg, Chairman of Starr International Company, Inc., has stated that this acquisition is a "homecoming" for Starr, as the company has roots dating back to Shanghai in 1919.
Starr International has also made acquisitions in the US, having purchased Republic Insurance Co. from Columbia Insurance Co., a member of Warren Buffett's Berkshire Hathaway, in 2007.
Here are some key acquisitions made by Starr Insurance:
Starr Indemnity has also expanded its business relationship with American Claims Management, with two separate announcements made in 2010 and 2010.
Companies to Acquire Dazhong Insurance

Starr Companies has acquired a majority ownership of Dazhong Insurance Company Limited of China.
The acquired company will now be known as Starr Property and Casualty Insurance (China) Company, Limited, or Starr China for short.
Starr China has a rich history in China, dating back to 1919 when C.V. Starr established an insurance agency in Shanghai.
Maurice Greenberg, Chairman of Starr International Company, Inc., is excited about this milestone, considering it a homecoming for Starr.
International Acquires Texas Insurer
In 2007, Starr International Co. Inc. made a significant acquisition in the US insurance market. They acquired Republic Insurance Co. from Columbia Insurance Co., a member of Warren Buffett's Berkshire Hathaway.
This move marked a notable expansion of Starr International's presence in the US insurance industry. The acquisition added a new layer of depth to their portfolio of companies.
Starr International's US subsidiary, Starr International USA Inc. (SICO USA), completed the purchase on October 3, 2007. This marked a strategic move by the company to strengthen its position in the US insurance market.

The acquisition brought new opportunities for Starr International to grow and expand its services. It also demonstrated the company's commitment to investing in the US insurance industry.
Here's a brief summary of the acquisition:
The acquisition of Republic Insurance Co. was a significant milestone for Starr International. It marked a new chapter in the company's growth and expansion in the US insurance market.
Aviation Acquires CA Aerospace Insurance
Starr Aviation Agency, Inc. acquired International Aerospace Insurance Services Inc. of Santa Barbara, California in 2010.
The acquisition, which took place on April 12, 2010, expanded Starr Aviation's capabilities in the aerospace insurance sector.
This acquisition was a strategic move by Starr Aviation to strengthen its position in the market.
The company, a subsidiary of C.V. Starr & Co. Inc., has been actively growing its portfolio through acquisitions.
The acquisition of International Aerospace Insurance Services Inc. marked a significant milestone in Starr Aviation's expansion plans.
Starr Insurance Brand and Partnerships

American Claims Management has a business relationship with Starr Indemnity & Liability Company, a wholly owned subsidiary of Starr International.
Starr Indemnity & Liability Company is a subsidiary of Starr International.
American Claims Management expanded its business relationship with Starr Indemnity in 2010.
C. V. Starr Announces New Brand, Starr Cos
C. V. Starr & Co., Inc. and Starr International USA, Inc. unveiled a new corporate umbrella brand, Starr Companies, in 2011. Starr Companies is a global, privately held, insurance, financial services, and investments company.
Starr Companies was announced on March 2, 2011, and is a major milestone for the company. The new brand is a result of the company's growth and expansion over the years.
Some notable articles related to Starr Companies include Property Insurance Concepts and Terms Part 2, What Could Possibly Go Wrong? The Liability Exposures Businesses Face, and From Nose to Tail. How Do We Help Protect Our Clients' Pets?
These articles demonstrate the company's commitment to providing valuable information and resources to its clients and the wider community.
American Claims Management Announces New Business Relationship

American Claims Management, Inc. (ACM) announced a new business relationship with Starr Indemnity & Liability Company, a wholly owned subsidiary of Starr International.
This partnership was announced on March 15, 2010, in San Diego, CA.
ACM and Starr Indemnity are now working together, expanding their services and capabilities.
The partnership aims to provide better support and solutions for their clients.
Starr Indemnity is a well-established company with a strong reputation in the industry.
Frequently Asked Questions
Who is the parent company of Star Insurance Company?
The parent company of Star Insurance Company is AmeriTrust Group, Inc. It is a wholly owned subsidiary of AmeriTrust Group, Inc.
Sources
- https://www.insurancejournal.com/archive/starrcompanies/page/12/
- https://www.nytimes.com/2005/04/04/business/starr-weighs-a-separation-from-aig.html
- https://insurancenewsnet.com/oarticle/Starr-Companies-to-Purchase-Dazhong-Insurance-Company-a-536099
- https://www.insurancejournal.com/archive/starrcompanies/page/14/
- https://tcga.starrinsurance.com.hk/m/home/starr_about_two
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