Search for: Search menu History A History of Success Built on Service, Innovation and Attention to Detail Transatlantic Reinsurance Company was founded in 1977 with less than $50 million of capital. Since then, we have built the company by offering constructive, flexible solutions backed by our promise to pay. Throughout, we have stuck to our principles: get close to our customers (so we better understand your needs); employ the best talent (so we can better serve you); invest in the best technology (so we can better analyze the risks we assume). We have priced and assumed the most complex of risks, and we provided the most flexible, transparent, and economic capital protection available. A Global Property and Casualty Franchise Today, Transatlantic Reinsurance Company has more than 90 times our starting capital, more than 60 times our starting staff, and 23 times more offices, but we are still one team. We combine global reach, strong financials, broad product offerings and wide ranging market expertise to be recognized industry leaders, offering insights into emerging risks and exposures. The Future – Continuing to Adapt to Continuous Change In return for current premiums, we promise to pay future claims. Honoring that promise requires the strength of our analysis and our balance sheet. We believe that a company that diversifies its sources and lines of business, its customers, team members and leaders is a company that can accurately value risk. Our Timeline Kenneth Brandt appointed CEO 2021 Renewed our collaborative commitment to Blue Marble Microinsurance and the National Coastal Resilience Fund 2020 Established new subsidiary, TransRe Europe S.A. in Luxembourg 2019 Exclusive renewal rights agreement with Maiden Re Committed to the National Coastal Resilience Fund 2018 Celebrated 40 years in business Established TransRe Capital Partners 2017 Established exclusive broker market underwriting partnership with Gen Re 2016 Founding member of Blue Marble Microinsurance consortium 2015 Established UK subsidiary, TransRe London Limited New offices in Singapore & Dubai FAIRCO and Fair American Select assumed U.S. business to help support our customers’ needs 2013 / 2014 Mike Sapnar appointed CEO Alleghany acquired TransRe 2012 TransRe created a new Gibraltar subsidiary, Calpe, to support our customers’ needs 2011 AIG sells down stake, no longer a related party TransRe sponsored Pangaea Reinsurance I, Ltd., first in the Pangaea sidecar series 2009 / 2010 New offices in Panama City, Munich & Stockholm 2006 / 2008 Multiple hurricanes triggered significant re-rating of property exposures Established our U.S. Direct team 2004 / 2005 Catastrophic events signaled end of casualty market soft cycle 2001 New office in Sydney 2000 New offices in Rio de Janeiro, Shanghai & Johannesburg 1999 New offices in Paris, Zurich & Buenos Aires 1995 / 1996 Bob Orlich appointed CEO 1994 Established Latin America & Caribbean Division in Miami 1993 Hurricane Andrew caused the worst industry losses to date 1992 Listed on the NYSE A.M. Best Company awarded us our first “A” (Excellent) rating End of 1991, our stockholders equity exceeded U.S. $1B 1990 / 1991 Total assets exceeded $1B 1988 TransRe formed first unit dedicated to developing specialty casualty lines 1987 New office in Hong Kong Joseph Taranto succeeded Robert Huggins as CEO 1985 / 1986 New offices in London & Tokyo First overseas reinsurer licensed to conduct business in Japan 1982 First non-U.S. office opened in Toronto Tom Tizzio succeeded Al Weber as CEO 1980 Transatlantic Reinsurance Company formed as a facultative reinsurance division of AIG in New York Founded with $48M initial capital, we were founded on the principles of offering constructive, flexible solutions backed by rock solid financial security We wrote our first business on 1/1/78 1977 / 1978 *Regulated by the Dubai Financial Services Authority About Us History Leadership + Financials + Press Releases + Social Conscience HOME WHAT WE DO ABOUT US CONTACT US INSIGHTS EVENTS LEGAL CAREERS PARTNERS EMPLOYEES WEBSITE ACCESSIBILITY STATEMENT Global Privacy Notice Terms & Conditions ©2021 Transatlantic Reinsurance Company