Insurance

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Transatlantic Reinsurance Company

Transatlantic Holdings, Inc. is a leading international reinsurance organization headquartered in New York with operations worldwide. Through its operating...

Transatlantic Reinsurance Company logo

Transatlantic Reinsurance Company

Transatlantic Holdings, Inc. is a leading international reinsurance organization headquartered in New York with operations worldwide. Through its operating entities, TRANSATLANTIC HOLDINGS or TRANSRE, offers reinsurance capacity on both a treaty and facultative basis structuring programs for a full range of property and casualty products.

General information

Firm type

Insurance

Year founded

1977

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

One Liberty Plaza, 165 Broadway, New York, NY 10006

Additional offices

London, UK · Chicago, IL · Hamilton, Bermuda · Singapore

Principals

Kenneth Brandt

Chairman, President & CEO

Sector focus

InsuranceReinsurance

Frequently asked questions

How does TransRe's ownership structure affect its underwriting discipline?

TransRe operates as a wholly owned subsidiary of Berkshire Hathaway following Berkshire's October 2022 acquisition of Alleghany Corporation. This ownership places the firm's float inside the largest permanent-capital base in the insurance industry, removing external shareholder pressure to grow premiums during soft-market cycles. The structure allows TransRe to prioritize combined-ratio discipline over market-share maintenance.

What types of reinsurance does TransRe underwrite?

The firm writes treaty and facultative reinsurance across property, casualty, marine, aviation, professional liability, and workers' compensation. Its specialty credit and surety division underwrites trade credit insurance and contract bonds. The platform operates across North America, Europe, Asia-Pacific, and Latin America through underwriting hubs in New York, London, Bermuda, Chicago, and Singapore.

Who makes investment decisions for TransRe?

TransRe manages its investment portfolio internally, anchored by a global bond portfolio and cash holdings. Kenneth Brandt, Chairman, President and CEO, oversees the firm's operations and capital allocation. The Berkshire Hathaway parent structure provides strategic continuity and permanent capital, but portfolio management authority resides with TransRe's in-house team.

Is TransRe separate from Berkshire Hathaway's other reinsurance operations?

Yes, TransRe operates as a distinct subsidiary within Berkshire Hathaway's insurance group, maintaining its own underwriting teams, brand, and global office footprint. It does not pool its book with General Re or National Indemnity. The firm continues to write business under the TransRe name from its New York headquarters and regional hubs.

How is TransRe related to AIG?

American International Group founded Transatlantic Reinsurance Company in 1977 as its treaty and facultative reinsurance arm. AIG subsequently divested the unit, and Alleghany Corporation acquired TransRe in 2012. Berkshire Hathaway completed the acquisition of Alleghany in October 2022, ending any residual AIG connection.

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