Starr Acquires Republic Insurance Company

On Wednesday, Starr International Co. Inc. announced that its U.S. subsidiary, Starr International USA Inc. (SICO USA), acquired Dalla-based Republic Insurance Co. from Columbia Insurance Co., a member of Warren Buffett's Berkshire Hathaway Group.

Published on October 4, 2007

Republic Insurance Co. is not affiliated with The Republic Group of Companies, a regional property/casualty insurance organization that is also based in Dallas.

The name of the Texas property casualty insurer will be changed to Starr Indemnity & Liability Co, and will offer customized property and casualty insurance products and accompanying loss control, claims management, administrative and reinsurance services.

Incorporated in Panama in 1943, Starr International Co. Inc (SICO) is a private investment holding company and holds approximately $20 billion in assets world wide. It is run by Maurice "Hank" Greenberg, former chief executive officer of American International Group who now also heads C.V. Starr & Co.