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Transatlantic Holdings, Inc. Declares Quarterly Common Stock Dividend
Publish Date : 12/3/2004 11:41:00 AM Source : Business News Onlypunjab.com
The Board of Directors of Transatlantic Holdings, Inc. (NYSE: TRH) today declared a quarterly cash dividend of $0.10 per share on the Company's common stock, payable March 18, 2005, to stockholders of record on March 4, 2005.
Transatlantic Holdings, Inc. (TRH) is a leading international reinsurance organization headquartered in New York, with operations also based in Chicago, Toronto, Miami (serving Latin America and the Caribbean), Buenos Aires, Rio de Janeiro, London, Paris, Zurich, Warsaw, Johannesburg, Hong Kong, Shanghai, Tokyo and Sydney. TRH has consolidated assets of $10.2 billion and stockholders' equity of $2.5 billion. Its subsidiaries, Transatlantic Reinsurance Company (TRC), Putnam Reinsurance Company and Trans Re Zurich are rated "A+ (Superior)" by A.M. Best Company. Moody's Investors Service has assigned an insurance financial strength rating of Aa1 ("Excellent") to TRC. Standard & Poor's has assigned an insurer financial strength rating of "AA" to TRC, Putnam and Trans Re Zurich. These subsidiaries offer reinsurance capacity on both a treaty and facultative basis -- structuring programs for a full range of property and casualty products, with an emphasis on specialty risks.
Visit -- www.transre.com - for additional information about TRH.
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