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CV Starr/Ironshore bonds tighten with aviation venture

24 November 2009

The bond between Ironshore and former AIG chief Hank Greenberg's CV Starr continued to tighten last week, with an agreement that will see Starr Aviation Agency underwrite on the Bermudian insurer's paper with immediate effect.

Ironshore is now led by the former management of AIG unit Lexington. It has been one of the biggest beneficiaries of the fallout from the troubles afflicting the giant insurer, with in excess of 20 senior hires from the company and its subsidiaries.

The aviation...


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