Starr Companies has reiterated its commitment to the Singapore market, despite deciding to stop underwriting new business through the Starr Singapore Underwriting Agents representing its Lloyds Syndicate 1919.
The company announced that Starr International Insurance Singapore (SIIS), which was founded in 2012, continues to operate in the country.
In a statement, the insurer said it remains hopeful on the prospects of expanding its business in Singapore through SIIS, which also serves as an important part of Starr’s Asia-Pacific insurance operations.
Currently, Starr’s Singapore-based team underwrites a variety of commercial risks including property, construction, power, engineering, marine and liability.
