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Starr gets OK from Hong Kong to provide insurance

Posted On: Nov. 30, 2009 12:00 AM CST

HONG KONG—Starr International Insurance (Asia) Ltd. said Monday that it received authorization from Hong Kong's Office of the Insurance Commissioner to provide several classes of general insurance in or from the region.

Starr International Insurance (Asia) is a subsidiary of Starr Insurance & Reinsurance Ltd., a wholly owned subsidiary of Starr International Co. Inc.

Starr International Insurance (Asia) will offer a variety of general insurance products as well as risk control, loss control and claims management services.

In a statement, the specialty insurer said the Hong Kong insurance authority's approval allows it to expand its presence in Asia and increase its product offerings in the region.