Press Releases • 28 August 2023
Starr Names Sean Chen CEO of Starr Singapore
Starr Names Sean Chen CEO of Starr Singapore.
Corporate • 29 October 2013
PropertyCasualty 360 - Fliers by Michael Voelker
The story in aviation insurance over the past decade has been a precipitous descent in premiums across all lines of coverage. “We have a 10-year client where, when we first wrote the account, pricing was about $80,000 a year. When it renewed this year, it was about $16,000 and there were six different insurers competing, all within $500 of each other,” says Jeff Rasmussen, president of Aero Insurance LLC in Madison, Wis.
Press Releases • 10 May 2023
Starr expands its presence in Malaysia by establishing a new branch
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.
Corporate • 27 April 2023
Starr Now Directly Underwrites Technical Risks Property Insurance Through Its Own Insurance Companies
Starr Insurance Companies today announced that, as of April 23, the company now directly underwrites its property - technical risks through its own insurance companies, concluding a successful 17-year relationship with Chubb.
China Media • 04 April 2023
Starr Insurance’s Senior Investment Officer John Patin Leaves; John Shannon Named as Successor
New York, NY – April 4, 2023 – Starr Insurance Companies today announced that John Patin, senior investment officer, has resigned his position for personal reasons. John F. Shannon, formerly with Alleghany Corp., was named to succeed him.
“We wish John Patin great success in his future endeavors,” said Maurice R. Greenberg, chairman and chief executive officer, “We’re confident Mr. Shannon will serve Starr well, given his extensive experience managing insurance assets for some of the largest U.S. insurers.”
Shannon served as senior vice president and chief investment officer at Alleghany, which Berkshire Hathaway acquired in October 2022. Prior to Alleghany, Mr. Shannon spent more than 11 years at MetLife Investments as vice president, global portfolio management, following five years at Prudential Financial as an investment analyst. He is a chartered financial analyst and holds a Bachelor of Science degree from University at Buffalo and an MBA from New York University’s Stern School of Business.