TransRe

TransRe[2][3][4][5][6] was formed in New York City, USA in 1977 as a facultative Reinsurance division of AIG and wrote its first business on January 1, 1978. Its second office opened in Toronto in 1980, followed by expansion to Europe (London) and Asia Pacific (Tokyo) in 1982.

TransRe
TypePrivate
IndustryReinsurance
Founded1977
Headquarters
New York
,
USA
Key people
Michael Sapnar,[1] President & CEO
Joseph Brandon, Chairman
Number of employees
620
Websitewww.transre.com

From 1991–2012 the company was traded[7] on the NYSE.[8] Following the merger of 2012, TransRe is a wholly owned subsidiary of Alleghany Corporation.[9][10]

Operations

TransRe provides all Property & Casualty Reinsurance product lines, on both a treaty and facultative basis, through brokers and directly, to insurance companies worldwide. The company has four regional divisions, and four principal operating divisions:

DivisionsPrincipal Operating Subsidiaries
1. North America1. Transatlantic Reinsurance Company
2. Latin America & The Caribbean2. TransRe London Limited[11][12]
3. Europe, Middle East & Africa3. TransRe Zurich Ltd[13]
4. Asia Pacific4. Transatlantic Reinsurance Company

References
  1. "Carrier Management". Carrier Management. Retrieved 3 February 2016.
  2. New York Times. "TRH Article Listing". New York Times. New York Times. Retrieved 3 February 2016.
  3. "Reinsurance Association of America Members List". RAA. Retrieved 24 August 2015.
  4. "Bloomberg Business". Retrieved 7 September 2015.
  5. "TransRe helps Alleghany to earnings beat". Inusrance Insider. 4 August 2015. Retrieved 16 September 2015.
  6. "TOP 10 U.S. PROPERTY/CASUALTY REINSURERS". Insurance Information Institute. III.ORG. Retrieved 16 September 2015.
  7. "Forbes, Biggest Public Companies #1395". Forbes.com. Forbes. Retrieved 24 August 2015.
  8. "The New York Stock Exchange - NYSE". www.nyse.com.
  9. "Alleghany to Buy Transatlantic for $3.4 Billion". New York Times. 21 November 2011. Retrieved 24 August 2015.
  10. "Transatlantic to Combine with Alleghany in $3.4 Billion Transaction". BusinessWire.
  11. "TransRe to form $500mn London reinsurer in major restructure". Insurance Insider. Retrieved 7 September 2015.
  12. "TransRe Receives Authorization/Group Rating For UK Subsidiary". BusinessWire. Retrieved 16 September 2015.
  13. "Company Overview of Trans Re Zurich Reinsurance Company Ltd". Bloomberg. Bloomberg. Retrieved 16 September 2015.
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