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C.V. Starr's deep familiarity with the business of insurance and global investing sets the company apart in its industry.
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C. V. Starr & Co., Inc. (C. V. Starr) is a global investment firm founded by Cornelius Vander Starr in China in 1919. It had as its roots the development of insurance agencies and insurance companies.
In 1970, C. V. Starr sold the bulk of its assets, including the managing agency for its foreign general insurance business, to AIG in exchange for AIG common stock. C. V. Starr retained at that time several small domestic agencies along with certain real estate properties and other investments.
C. V. Starr and its trusts own approximately 36 million shares of American International Group, Inc., representing approximately $2.4 billion in value as of March 31, 2007. The Starr agencies produce approximately $1.5 billion in gross premiums annually and employ approximately 475 people globally.
C. V. Starr's deep familiarity with the business of insurance and global investing sets the company apart in its industry. C. V. Starr's hallmark is its significant presence in global markets, backed by the company's international expertise.
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