Starstone Insurance

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The Star Stone Insurance Holdings Limited (formerly Torus Insurance) is an insurance group headquartered in Hamilton and London . The company was founded as an insurance company for technical insurance by First Reserve Corporation , a US investment company active in the energy sector. To this end, US $ 720 million was initially brought in. In 2010, the capital was increased to over US $ 1 billion through further contributions.

In the years 2008 to 2011 (parts of) portfolios and staff from other international insurance and reinsurance companies were taken over. a. by CV Starr and Glacier Insurance AG . In addition, Torus joined two Lloyds syndicates by assuming the risks and portfolios of other companies . The company is represented directly or through subsidiaries at 16 locations worldwide (in addition to the USA and Europe, also in São Paulo and Gurgaon ).

The seat of the German branch is in Cologne . Here u. a. Insurance against damage from war, terrorism or piracy is also offered for shipowners .

The insurance business is operated by individual companies and independent underwriting agents, differentiating according to regions and risks:

Subsidiaries

  • StarStone Insurance Bermuda Limited (reinsurance)
  • StarStone Insurance Europe AG
  • StarStone Insurance SE
  • StarStone Specialty Insurance Company (specialty insurer in USA and Brazil)
  • StarStone National Insurance Company (primary insurance in USA)
  • Starstone Corporate Capital Limited (member of Lloyd's Syndicate)
  • StarStone Underwriting Limited (member of Lloyd's Syndicate)
  • StarStone Insurance Services Limited
  • VANDER HAEGHEN & C ° SA Brussels, Belgium (insurance broker)
  • Arena NV Brussels, Belgium (insurance broker)
  • StarStone US Intermediaries, Inc. a subscription agent for Lloyd's of London

Independent subscription agents

  • Manager Assecuranz Compagnie GmbH, Munich (financial loss liability for funds & asset managers and financial sales)
  • Manager Assecuranz Compagnie AG, Glarus (Switzerland) (financial loss liability for funds & asset managers)
  • Rastor GmbH, Jesteburg (D&O)

Web links

Individual evidence

  1. Press release of June 23, 2008 (English) last accessed on August 10, 2012
  2. Torus to Raise $ 185 Million in Additional Equity Capital last accessed August 10, 2012
  3. Press release of the company  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (English) last accessed on August 10, 2012@1@ 2Template: Dead Link / www.torusinsurance.com  
  4. Torus starts with war coverage ( Memento of the original from March 13, 2012 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Financial Times Deutschland online of December 21, 2010, last accessed on August 10, 2012 @1@ 2Template: Webachiv / IABot / www.ftd.de
  5. About Torus ( Memento of the original from July 5, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (English) last accessed on August 10, 2012 @1@ 2Template: Webachiv / IABot / www.torusinsurance.com