Starr

Stone Ridge’s NYDIG launches Sapnar-led insurance business with Starr and Liberty backing

Stone Ridge’s NYDIG, a provider of bitcoin technology and investment solutions, has raised $100mn from investors including Starr Insurance and Liberty Mutual to launch an insurance solutions business led by former TransRe CEO Mike Sapnar.

Starr to launch Swiss (re)insurance company with A rating

Starr Insurance Companies is launching a new property-focused Swiss (re)insurance carrier led by former Aspen executive Heinz Eggenberger as CEO that will write direct P&C business in the country and reinsurance business from the EU, The Insurer can reveal.

Great American sues Starr over $61mn Kroger shooting verdict

Great American Insurance has sued Starr Surplus Lines Insurance Company, alleging that Starr’s refusal to settle within its policy limits amid warnings about a “runaway jury verdict” meant the American Financial Group subsidiary had to pay a substantial amount of a $61mn award related to a shooting in a grocery parking lot.

Hank Greenberg defamation case against Eliot Spitzer dismissed

A New York judge has dismissed a long running defamation case brought by Hank Greenberg against Eliot Spitzer relating to comments the former New York attorney general made about Greenberg’s departure from AIG.

AIG loses another lead line on aviation account

Starr Insurance has once again won the lead line from AIG on an airline account, taking over as the lead carrier on the American Airlines programme.

Qatar Airways prices up >20% as Starr takes lead from AIG

Starr Insurance Companies has replaced AIG as the lead aviation market on the Qatar Airways programme, with the Willis Towers Watson-brokered placement renewing up significantly this month, The Insurer understands.

Starr Insurance promotes Trundle to head of global aviation

Starr Insurance Companies today announced the appointment of Andy Trundle as head of global aviation.

Former Lloyd’s exec Ribeiro joins Starr as London-based NED

Starr Companies has added industry veteran Jose Ribeiro as a non-executive director to the boards of its London-based operations.

Starr hires Iacobelli to lead LatAm casualty

Starr Companies has hired Emilio Iacobelli to spearhead its growth in the Latin American casualty insurance market.

Starr names Aon’s Murphy southeast regional vice president

Starr Insurance Companies has appointed financial services insurance specialist Kathleen Murphy as regional vice president, southeast region.

St John’s renames risk management school after Hank Greenberg

The St John’s University’s School of Risk Management (SRM) has been renamed the Maurice R Greenberg School of Risk Management, Insurance and Actuarial Science in honour of the CV Starr, Starr Insurance Companies and The Starr Foundation chairman and CEO.

Starr fuels aviation momentum with another Swiss Re hire

Expansive Starr Insurance has appointed Paul O’Ryan to the newly created role of vice president and Canadian territory manager for general aviation, following the December appointment of Carsten Nawrath to lead the build out of a new operation in Munich, Germany.

Starr takes Swiss Re’s Nawrath to launch German aviation unit

Starr Insurance Companies has added Carsten Nawrath to its expanding aviation business, to lead the build out of a new operation in Munich, Germany.

Starr Companies considering whole account quota share

Starr Insurance Companies is looking to do a whole account quota share with reinsurers that would sit across an estimated $3bn+ underlying book of business that is seeing significant growth in the hardening market, The Insurer can reveal.

Starr hires Marsh exec as UK and Europe FI head

Andrew Hopper has been appointed head of financial institutions for the UK and Europe at Starr Insurance Companies.

Starr and Hank Greenberg lead $18mn investment in AI platform

Amenity Analytics, an AI-enabled insights platform, has closed an $18mn Series B round of funding led by Starr Companies and its CEO Hank Greenberg, with investment also coming from Allstate.

Starr makes senior casualty appointment

Starr Insurance Companies has promoted senior vice president Carmella Capitano to head of primary general casualty-risk management and excess casualty.