TransRe
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TransRe was established in 19771 to offer reinsurance across property, casualty, and specialty risks. TransRe is the brand name for Transatlantic Holdings Inc. and its subsidiaries (including Transatlantic Reinsurance Company). From 1991–2012 the company was traded on the NYSE. In 2012, TransRe became a wholly owned subsidiary of Alleghany Corporation, which in turn became a wholly owned subsidiary of Berkshire Hathaway in October 2022.
TransRe was established in 1977 to offer reinsurance across property, casualty, and specialty risks. TransRe is the brand name for Transatlantic Holdings Inc. and its subsidiaries (including Transatlantic Reinsurance Company). From 1991–2012 the company was traded on the NYSE. In 2012, TransRe became a wholly owned subsidiary of Alleghany Corporation, which in turn became a wholly owned subsidiary of Berkshire Hathaway in October 2022.
History
TransRe was formed as a facultative reinsurance division of AIG and wrote its first business on January 1, 1978. TransRe quickly expanded to other territories including Toronto in 1980, Europe (London) and Asia Pacific (Tokyo) in 1982 and Hong Kong in 1985. The company established the Latin America and Caribbean division in Miami, FL in 19931 and continued to expand globally with further offices in Paris, Zurich, Munich, Buenos Aires, Rio de Janeiro, Singapore, Shanghai, Johannesburg and Sydney, Hamilton, Luxembourg.
Text derived from https://en.wikipedia.org/w/index.php?oldid=1366656396 under CC BY-SA 4.0; modifications have been made.
References
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