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Transatlantic Reinsurance Company Elects a Director and New Officers
Publish Date : 12/3/2004 11:42:00 AM Source : Business News Onlypunjab.com
At its regularly scheduled meeting, the Board of Directors of Transatlantic Reinsurance Company, a subsidiary of Transatlantic Holdings, Inc. (NYSE: TRH), elected Michael C. Sapnar, Senior Vice President and Chief Underwriting Officer - Domestic Operations, to the Board of Directors of Transatlantic Reinsurance Company.
Transatlantic Reinsurance Company is a subsidiary of Transatlantic Holdings, Inc. (TRH), which 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 the Company. |