Maurice R. Greenberg is Chairman of Starr Insurance Companies, a global insurance and investment organization founded by Cornelius Vander Starr in 1919 in Shanghai, China. Mr. Greenberg retired as Chairman and CEO of American International Group (AIG), a former Starr subsidiary, which became the first fully licensed foreign insurance company in China. Under his nearly 40 years of leadership, AIG grew from an initial market value of $300 million to $180 billion, becoming the largest insurance company in the world. Mr. Greenberg is also the chairman of The Starr Foundation, a philanthropic organization initially funded by Cornelius Vander Starr’s estate. Under his leadership, the Starr Foundation has grown to become one of the largest private foundations in the United States. The Foundation has made more than $4.0 billion in grants worldwide to many academic, medical, cultural and public policy organizations around the world.
Among his numerous awards and appointments, Mr. Greenberg serves as Vice Chairman of the National Committee on United States-China Relations, Honorary Vice Chairman of the Council on Foreign Relations, and as a member of the Board of the US-China Business Council. In 1990, he was appointed by Zhu Rongji as Shanghai’s first Chairman of the International Business Leaders’ Advisory Council (IBLAC). Greenberg has been named an honorary citizen of Shanghai and was appointed as a Senior Economic Advisor to the Beijing Municipal Government.
Mr. Greenberg was presented with the Friendship Medal for Contribution to China’s Reform by President Xi Jinping in 2018 – one of only two Americans among 10 foreign leaders to receive the award.
Under Mr. Greenberg’s leadership, Starr has invested more than $1 billion in China since 2005. Starr led the IPO for the People’s Insurance Company of China (PICC), and acquired Dazhong Insurance, the first privatization of a state-owned insurance company.