Maurice R. Greenberg is chairman of Starr Companies, a global insurance and investment organization founded by Cornelius Vander Starr in 1919 in Shanghai, China. Under Greenberg’s leadership, Starr has invested more than $1 billion in China since 2005. Starr led the initial public offering for the People’s Insurance Company of China and acquired Dazhong Insurance, the first privatization of a state-owned insurance company.
Greenberg retired as chair and CEO of American International Group (AIG), a former Starr subsidiary that became the first fully licensed foreign insurance company in China. Under his nearly forty years of leadership, AIG grew from an initial market value of $300 million to $180 billion, becoming the largest insurance company in the world.
Greenberg is also chairman of the Starr Foundation, a philanthropic organization initially funded by Cornelius Vander Starr’s estate. Under his leadership, the Starr Foundation has grown to become one of the largest private foundations in the United States. The foundation has made more than $3.8 billion in grants worldwide to academic, medical, cultural, and public policy organizations.
Among his numerous awards and appointments, Greenberg serves as vice chair of the National Committee on U.S.-China Relations, honorary vice chair of the Council on Foreign Relations, and member of the board of the U.S.-China Business Council. In 1990, Zhu Rongji appointed him as Shanghai’s first chair of the International Business Leaders’ Advisory Council. Greenberg has been named an honorary citizen of Shanghai and was appointed senior economic advisor to the Beijing municipal government. President Xi Jinping presented Greenberg with the China Reform Friendship Medal in 2018—he is one of only two Americans among ten foreign leaders to receive the award.
A decorated U.S. Army veteran, Greenberg served in World War II and the Korean War, rising to the rank of captain and serving as a company commander.