TransRe

American financial services company

TransRe

Company type| Private
Industry| Reinsurance
Founded| 1977
Headquarters|

New York

USA

Key people

| Kenneth Brandt,[1] Chairman, President & CEO

Number of employees

| 650

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[2] on the NYSE.[3] In 2012, TransRe became a wholly owned subsidiary of Alleghany Corporation,[4][5] which in turn became a wholly owned subsidiary of Berkshire Hathaway in October 2022.

## History

[edit]

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 1993 and continued to expand globally with further offices in Paris, Zurich, Munich, Buenos Aires, Rio de Janeiro, Singapore, Shanghai, Johannesburg and Sydney, Hamilton, Luxembourg.

## Operations

[edit]

TransRe provides treaty and facultative Property & Casualty reinsurance through brokers and directly to insurance companies worldwide. The company is structured in regional divisions: North America, Latin American & The Caribbean, Europe, Middle East & Africa, and Asia Pacific, with over 20 offices in 16 territories.

TransRe has six principal operating subsidiaries:

Principal Operating Subsidiaries

1\. Transatlantic Reinsurance Company
2\. TransRe London Limited[6][7]
3\. TransRe Europe S.A.
4\. Fair American Insurance and Reinsurance Company
5\. Fair American Select Insurance Company
6\. Calpe Insurance Company Limited

## References

[edit]

1. ^ "Carrier Management". Carrier Management.
2. ^ "Forbes, Biggest Public Companies #1395". Forbes. Retrieved 24 August 2015.
3. ^ "The New York Stock Exchange - NYSE". www.nyse.com.
4. ^ "Alleghany to Buy Transatlantic for $3.4 Billion". New York Times. 21 November 2011. Retrieved 24 August 2015.
5. ^ "Transatlantic to Combine with Alleghany in $3.4 Billion Transaction". BusinessWire.
6. ^ "TransRe to form $500mn London reinsurer in major restructure". Insurance Insider. Retrieved 7 September 2015.
7. ^ "TransRe Receives Authorization/Group Rating For UK Subsidiary". BusinessWire. Retrieved 16 September 2015.

## External links

[edit]

* International Insurance Groups promote microinsurance, January 22 2015, Business Insurance News 1/22/2015
* AIG to sell Transatlantic stake
* marketwired.com

* v
* t
* e

Berkshire Hathaway

Board of
directors|

* Warren Buffett
* Greg Abel
* Howard Graham Buffett
* Susan Decker
* David Gottesman
* Ajit Jain
* Ronald Olson
* Walter Scott Jr.

Insurance|

* GEICO
* BoatUS

| Berkshire Hathaway
Primary Group|

* Alleghany Corporation
* RSUI
* CapSpecialty
* Berkshire Hathaway Direct
* Berkshire Hathaway Homestate Companies
* Kansas Bankers Surety Company
* Berkshire Hathaway Specialty Insurance
* Central States Indemnity
* GUARD Insurance
* MedPro Group
* MLMIC
* National Indemnity Company
* Berkshire Hathaway Assurance

|

Berkshire Hathaway
Reinsurance Group|

* Alleghany Corporation
* TransRe
* Berkshire Hathaway Life
* Gen Re

Railroad|

* BNSF

BH Energy|

* AltaLink
* BHE Pipeline Group
* BHE GT&S
* Kern River Gas Transmission Company
* Northern Natural Gas
* BHE Renewables
* HomeServices of America
* Edina Realty
* Long & Foster
* RealtySouth
* MidAmerican Energy Company
* Northern Powergrid
* NV Energy
* PacifiCorp

Manufacturing|

| Industrial
products|

* CTB International
* Meyn
* International Metalworking Companies
* ISCAR Metalworking
* TaeguTec
* Tungaloy
* LiquidPower Specialty Products
* Lubrizol
* Marmon
* Campbell Hausfeld
* Marmon-Herrington
* Procor
* Union Tank Car Company
* Ginsu
* World Book Encyclopedia
* Precision Castparts Corp.
* Carlton Forge Works
* Special Metals
* Timet
* Wyman-Gordon
* W&W

|

Building
Products|

* Acme Brick
* Benjamin Moore & Co.
* Clayton Homes
* Johns Manville
* MiTek
* Shaw Industries

Consumer
Products|

| RVs|

* Forest River

|

Apparel|

* Fechheimers
* Fruit of the Loom
* BVD
* Russell Athletic
* Spalding
* Vanity Fair Brands
* Exquisite Form
* Vassarette
* Garan

Footwear|

* BH Shoe Holdings
* H. H. Brown
* Double-H Boots
* Justin Brands
* Chippewa Boots
* Justin Boots
* Nocona Boots
* Tony Lama Boots
* Brooks Sports

Other|

* Duracell
* Jazwares
* Squishmallows
* Larson-Juhl
* Richline Group

Service and
Retailing Businesses|

| Services|

* Affordable Housing Partners
* Business Wire
* Charter Brokerage
* CORT Business Services
* FlightSafety International
* International Dairy Queen
* Dairy Queen
* Orange Julius
* IPS
* McLane
* NetJets
* TTI
* Mouser Electronics
* WPLG
* XTRA Lease

|

Retailing|

| Auto|

* Berkshire Hathaway Automotive

|

Furniture|

* Jordan's Furniture
* Nebraska Furniture Mart
* RC Willey Home Furnishings
* Star Furniture

Jewelry|

* Ben Bridge Jeweler
* Borsheims
* Helzberg Diamonds

Other|

* Louis
* Oriental Trading Company
* The Pampered Chef
* Pilot Flying J
* See's Candies

Major public
company ownership
positions|

* American Express (18%)
* Apple (6%)
* Bank of America (12%)
* Coca-Cola Company (10%)
* DaVita (32%)
* Kraft Heinz (27%)
* Moody's (13%)
* RH (9%)

Related|

* Charlie Munger
* Poor Charlie's Almanack
* Berkshire Hathaway Media
* Blue Chip Stamps
* Scott Fetzer
* Wesco Financial
* Owned assets
* Becoming Warren Buffett

* Category

* v
* t
* e

Major insurance and reinsurance companies

Insurance|

| Americas|

* Aflac
* Ambac
* American Family Insurance
* American International Group
* Berkshire Hathaway
* Chubb
* Cigna
* CNA Financial
* CUNA Mutual Group
* FM Global
* The Hartford
* Humana
* Liberty Mutual
* Markel Corporation
* Manulife
* MassMutual
* MetLife
* Mutual of America
* Mutual of Omaha
* National Life Group
* Nationwide Mutual Insurance Company
* New York Life Insurance Company
* Northwestern Mutual
* Ohio National Life Insurance Company
* Pacific Life
* Progressive Corporation
* Prudential Financial
* State Farm
* Sun Life Financial
* UnitedHealth Group
* Unum
* USAA
* Western & Southern Financial Group

|

EMEA|

* Aegon N.V.
* Ageas
* Allianz
* Aon
* Assicurazioni Generali
* Aviva
* Axa
* Bâloise
* CNP Assurances
* Folksam
* Groupama
* LähiTapiola
* Mapfre
* Mutua Madrileña
* NN Group
* Old Mutual
* Phoenix Group
* Prudential plc
* Royal London Group
* RSA Insurance Group
* Sampo Group
* Storebrand
* Suva
* Swiss Life
* Varma Mutual Pension Insurance Company
* Zurich Insurance Group

APAC|

* AIA Group
* China Life Insurance Company
* China Pacific Insurance Company
* Dai-ichi Life
* Great Eastern Life
* Kyobo Life Insurance
* Life Insurance Corporation
* Meiji Yasuda Life
* MS&AD Insurance Group
* Nippon Life
* Income Insurance
* Ping An Insurance
* QBE Insurance
* Singlife
* SOMPO Holdings
* Sumitomo Life
* T&D Holdings
* Taikang Life Insurance
* Tokio Marine

Reinsurance|

* Arch Capital Group
* Axa XL
* China Re
* Everest Group
* General Insurance Corporation of India
* Hannover Re
* Instituto de Resseguros do Brasil
* Korean Re
* Lloyd's of London
* Munich Re
* Reinsurance Group of America
* RenaissanceRe
* SCOR SE
* Swiss Re
* TransRe

Methodology: SWFI ranking by Total Assets
List of largest insurance companies
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