Word: starr
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Dates: during 1960-1969
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...Hong Kong's Cafe de Chine, 500 guests sat down to a lavish celebration that included a 14-course dinner, scenes from Peking operas, Soochow poetry recitations, drinking and dancing. The host was Insurance Tycoon Cornelius Vander Starr, 67, and the occasion was the 40th anniversary of his insurance company, the largest independent international insurance agency in the world, with branches from Paris to Phnom Penh. Starr, who started his business in the Far East, could well afford the celebration. Last week his American International Insurance Corp. reported that in 1959 it collected $155 million in life and general...
Goodbye Shanghai. Born in Fort Bragg, Calif., Starr left the University of California before graduation, was admitted to the bar after reading law with a San Francisco attorney. He ran an insurance agency for two years, sold it for $10,000 when he enlisted in the Army during World War I. At war's end he went to Shanghai, took over the tiny insurance department of a Shanghai bank, converted it into an independent firm -American Asiatic Underwriters - and be came agent for a dozen U.S. insurance companies, including Fireman's Fund, Continental and Great American. He violated...
...Starr bought a small Shanghai newspaper, built it into the Shanghai Eve ning Post & Mercury, one of the most outspoken papers in the Far East. Starr's paper opposed Japan's growing sphere of influence so vehemently that he was forced to leave Shanghai. Then the Japa nese took over the city. But American International found new fields to conquer in Latin America, eventually built a larger business there than it ever had in the Orient...
Hello, Hong Kong. Starr went back to Shanghai after World War II, found his organization intact. When the Chinese Communists threatened the city in 1949. Starr hired three airplanes and shuttled more than 100 employees and their families to offices in Hong Kong...