In aviation, risk is real, every decision impacts your bottom line and you need protection built for your unique operations. Starr Aviation adapts your coverage as the industry shifts to safeguard your assets, people, and reputation. When the unexpected happens, you get answers fast from aviation experts, keeping downtime low and business moving.
Risk Appetite
The Airline portfolio typically encompasses commercially operated aircraft with more than 70 passenger seats plus narrow and wide-bodied cargo carriers.
Operations cover the full scope of the Airline Industry and range from scheduled, inclusive tour and charter fleets to wide-body VVIP flights for both governments and/or private individuals.
- Lessors/financial institutions with contingent and/or repossessed exposures in respect of aviation related assets around the globe
Products
Capacity
- Airline Hull & Comprehensive Liability Combined USD 350m
- Excess War Third Party Insurance USD 175m
- Airline Hull Deductible USD 30m
- Hull War USD 30m
- Loss of License
Territories
- Worldwide
WHY STARR
- Emphasis on building relationships across all lines of Airline Insurance
- Lead portfolio in excess of 60 accounts demonstratesexperience and expertise in leading Airline business
- Ability to offer longer term and/or bespoke productofferings
- Proven track record of innovating such as expanded deductible offering to include non-standard deductible limits, Starr Consulting Services (SCS) and AVN52 nuclear reinstatement endorsement
- In-house wording and legal expertise
- Claims handling tailored to meet a client's needs with the primary focus of reducing cost and time, we were first to market in delivering 'fixed price' claims adjusting for low-complexity claims
Our global strength in numbers
“A”
Rated “A” (Excellent) A.M. Best
$11.9 B
Gross Written Premium *estimated as of 12/31/2024$41.1 B
Total Assets
*estimated as of 12/31/2024$12.9 B
Shareholders Equity
*estimated as of 12/31/2024Starr Indemnity & Liability Company holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV.
Starr & Reinsurance Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr International Insurance (Singapore) Pte., Ltd. holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Surplus Lines Insurance Company holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV.
Starr International Insurance (Asia) Ltd. holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Property & Casualty (China) Company, Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr International (Europe) Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Specialty Insurance Company holds an A.M. Best financial strength rating of "A" (Excellent), financial size category of XV.
Starr Europe Insurance Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr International Insurance (Switzerland) AG holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Syndicate Limited at Lloyd's of London holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV, and also holds a Standard & Poor's rating of "A+" (Strong) (Lloyd's of London market ratings).
AM Best has upgraded the Long-Term Issuer Credit Rating to a+ (Excellent) from a and affirmed the Financial Strength Rating of A (Excellent) of the insurance subsidiaries of Starr International Company, Inc. View the AM Best press announcement here.