Starr, Chubb Form Workers Compensation Underwriting Agreement

March 15, 2010

Starr Indemnity & Liability Co., Inc., an indirectly wholly owned subsidiary of Starr International Company, Inc., and Chubb & Son, a division of Federal Insurance Co., a wholly owned subsidiary of The Chubb, have entered into an underwriting agreement under which Chubb will provide workers compensation coverages to Starr Indemnity’s construction, energy and environmental customers.

These coverages will be underwritten directly by Starr Indemnity. The target segments include contractors, energy resources customers, energy/environmental consultants, and manufacturers of energy or environmental-related products.

“This arrangement provides Starr Indemnity with a complete solution for our customers in the construction, energy and environmental industries by complementing our existing broad array of product offerings,” said Charles H. Dangelo, president and CEO of Starr Indemnity.

Source: Chubb

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