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Cornelius Vander Starr
Cornelius Vander Starr (October 15, 1892 – December 20, 1968), known as Neil Starr, was an American businessman and founded the insurance and investment organization C.V. Starr & Co. (later known as Starr Companies) in Shanghai, China. 1919 he opened a subsidiary which became insurance giant American International Group (AIG) and AIA Group. AIG was the first international finance and insurance company and he became an intelligence asset under the Roosevelt presidency (1933–1945).
Ken Starr was his grand nephew.
AIG grew from an initial market value of $300 million to $180 billion, becoming the largest insurance company in the world.[as of?]
Starr was born to parents of Dutch ancestry. His father was a railroad engineer. The Special prosecutor Ken Starr (1946 – 2022) was his grand nephew. Starr attended University of California, Berkeley from 1910 to 1911 before dropping out and returning to his hometown of Fort Bragg, California.
He joined the U.S. Army in 1918 but was never deployed overseas because World War I had ended. He joined the Pacific Mail Steamship Company as a clerk in Yokohama, Japan. Later that year, he traveled to Shanghai where he worked for several insurance businesses.
In 1919 he founded what was then known as American Asiatic Underwriters (later American International Underwriters) in Shanghai, China, a global insurance and investment organization. After Japan invaded China in 1939, he moved his operation to New York to work for the Office of Strategic Services (OSS), the precursor to the CIA. During World War II Starr worked for the OSS , in 1943 he established the OSS insurance intelligence unit with William "Wild Bill" Donovan and served as the chief operative behind former U.S. Army Air Force officer Claire L. Chennault.
Chennault is best known for coordinating the OSS-bankrolled American Volunteer Group (better known as the "Flying Tigers") to bring the fight to the Japanese without a declaration of war and return Generalissimo Chiang Kai-shek to dominance in China. Starr and the OSS later backed Chiang over Communist leader Mao Zedong.
In 2000, war correspondent and author Mark Fritz wrote in the article entitled The Secret (Insurance) Agent Men for the Los Angeles Times:
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Cornelius Vander Starr
Cornelius Vander Starr (October 15, 1892 – December 20, 1968), known as Neil Starr, was an American businessman and founded the insurance and investment organization C.V. Starr & Co. (later known as Starr Companies) in Shanghai, China. 1919 he opened a subsidiary which became insurance giant American International Group (AIG) and AIA Group. AIG was the first international finance and insurance company and he became an intelligence asset under the Roosevelt presidency (1933–1945).
Ken Starr was his grand nephew.
AIG grew from an initial market value of $300 million to $180 billion, becoming the largest insurance company in the world.[as of?]
Starr was born to parents of Dutch ancestry. His father was a railroad engineer. The Special prosecutor Ken Starr (1946 – 2022) was his grand nephew. Starr attended University of California, Berkeley from 1910 to 1911 before dropping out and returning to his hometown of Fort Bragg, California.
He joined the U.S. Army in 1918 but was never deployed overseas because World War I had ended. He joined the Pacific Mail Steamship Company as a clerk in Yokohama, Japan. Later that year, he traveled to Shanghai where he worked for several insurance businesses.
In 1919 he founded what was then known as American Asiatic Underwriters (later American International Underwriters) in Shanghai, China, a global insurance and investment organization. After Japan invaded China in 1939, he moved his operation to New York to work for the Office of Strategic Services (OSS), the precursor to the CIA. During World War II Starr worked for the OSS , in 1943 he established the OSS insurance intelligence unit with William "Wild Bill" Donovan and served as the chief operative behind former U.S. Army Air Force officer Claire L. Chennault.
Chennault is best known for coordinating the OSS-bankrolled American Volunteer Group (better known as the "Flying Tigers") to bring the fight to the Japanese without a declaration of war and return Generalissimo Chiang Kai-shek to dominance in China. Starr and the OSS later backed Chiang over Communist leader Mao Zedong.
In 2000, war correspondent and author Mark Fritz wrote in the article entitled The Secret (Insurance) Agent Men for the Los Angeles Times: