New York, United States:
Further to TransRe's press release dated March 3, 2013, TransRe wishes
to clarify that an application for registration to carry on reinsurance
business in Singapore has been submitted to the relevant authority in
Singapore for consideration. Until the appropriate registration is
granted no reinsurance business will be carried out in Singapore. Where
appropriate, TransRe will provide updates on future developments in this
TransRe is the brand name for Transatlantic Holdings, Inc. and its
subsidiaries (including Transatlantic Reinsurance Company). TransRe,
wholly owned by Alleghany Corporation (NYSE-Y), is a reinsurance
organization headquartered in New York with operations worldwide. Since
1978, TransRe has been offering its clients the capacity, expertise and
creativity necessary to structure programs across the full spectrum of
property and casualty risks.
for additional information about TransRe.
Thomas V. Cholnoky, 212-365-2292