Starr International Group has been a significant player in the global insurance landscape since its inception in 1919, when Cornelius Vander Starr established the first American-owned insurance agency in Shanghai, China. Over the past century, Starr has evolved into a leading insurance and investment organization, providing a vast array of insurance solutions that encompass commercial property, casualty, travel, and accident coverage across multiple industries and markets worldwide. With a presence in over 170 countries on six continents, Starr has successfully positioned itself as one of the fastest-growing insurance companies globally.
The company's profound international literacy and operational knowledge allow it to understand the unique insurance needs that vary across diverse markets. This capability is crucial in an ever-changing world of risk, where businesses require tailored solutions to navigate challenges effectively. Starr Insurance has built a robust portfolio, offering specialty coverages and client services across various sectors, including aviation, marine, energy, construction, and more.
As of December 31, 2023, Starr reported gross written premiums of $11.4 billion, total assets valuing $37.1 billion, and shareholders equity of $11.6 billion, underscoring its financial strength and stability in the insurance industry. A.M. Best, a leading credit rating agency, has recognized Starr for its excellent financial ratings, bolstering its reputation as a trustworthy insurer.
With a dedicated team of industry innovators at the helm, Starr International Group continues to leverage its global connections, helping clients advance operations in complex markets. Its legacy, established in the early 20th century, persists today, shaping the path for insurance solutions that respond to the fast-paced demands of the modern world.
