Starr ends syndicate underwriting in Singapore, grows via local unit
Insurance and investment firm Starr Companies which is headed by Maurice Greenberg, has discontinued underwriting new business through the Starr Singapore Underwriting Agents representing its Lloyds Syndicate 1919.
At the same time, the company noted that Starr International Insurance Singapore (SIIS), established in 2012, continues to operate normally.
Starr is fully committed to growing its Singapore based businesses through SIIS, which also serves as an important part of Starr's Asia Pacific insurance operations, according to a Nov. 7 statement. Starr’s Singapore based team underwrites a variety of commercial risks including, property, construction, power, engineering, marine, and liability. Additionally, Starr underwrites accident & health-related insurance.
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