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Greenberg recruits ex-AIG executives

Maurice “Hank” Greenberg’s CV Starr said Monday it had formed a joint venture with a Bermuda insurer that is ramping up its business after recruiting some of AIG’s top talent, reports Reuters. The venture will reunite Greenberg, who ran AIG for 38 years, with executives who once worked under him. CV Starr, an investment and insurance company run by Greenberg, and Ironshore Inc formed Iron-Starr Excess Agency, the companies said. The venture will be based in Bermuda and offer excess financial and commercial lines insurance and reinsurance products through insurers based in the US, Bermuda and elsewhere.

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