Sunday, October 23, 2016

Starr Eyes Cuba journey insurance market For boom



Maurice “Hank” Greenberg’s Starr global Co. is pursuing growth in Cuba as the U.S. eases many years-antique regulations on journeying the us of a.
Starr’s travel assistance unit may want to provide services and coverage to clients who want to visit Cuba, the Zug, Switzerland-based totally company said in a declaration Wednesday.
“The demanding situations of doing commercial enterprise in Cuba are full-size,” Greenberg, 89, said within the statement. “Starr is properly-positioned and prepared to leverage our relationships and global community to aid our customers’ entry into this market.”
Starr cited its records in Cuba earlier than Communist rule. The agency moved its international headquarters to Havana from Shanghai in 1943 and operated there for nearly 15 years, according to the statement.
Greenberg, the previous chief govt officer of yankee global group Inc., has been searching for to increase Starr’s geographic reach and targeted opportunities in areas including Asia. Starr in 2012 named Peter Levene, the former chairman of Lloyd’s of London, as vice chairman.

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