Latest TransRe Headlines
All the headlines from our TransRe Topic Page, ordered by recency.
Liability Reinsurance Crisis Could Be Looming, TransRe CEO Says
Jun 7 2024 // “There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week. Ken Brandt, chair, president and chief executive officer of TransRe, offered the assessment...
Greenlight Re Names TransRe’s Richardson as CEO to Succeed Burton
Nov 8 2023 // Greenlight Capital Re Ltd., the Cayman Islands-based multiline property/casualty insurer and reinsurer, announced that Simon Burton, the company’s chief executive officer intends to step down, effective Dec. 31,...
People Moves: BHSI Names AIG’s Bidmead for Transactional Liability; TransRe Announces Group of Promotions; CNA Hardy Appoints Sr. Underwriters for UK Marine
Aug 8 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Trans Re and CNA Hardy. A summary of these new hires follows here. BHSI Names AIG’s Bidmead as Head of...
People Moves: Insurtech Joyn Adds Schoberth; Chubb’s Lubin Joins Crum & Forster; TransRe Promotes O’Gwen; AXA XL’s Klimczak Moves to U.S.
Aug 25 2021 // Insurtech Joyn Adds Schoberth as Chief Distribution Officer Insurance technology company Joyn Insurance announced the addition of Uwe Schoberth as chief distribution officer. The role will focus on developing broker...
TransRe Reorganizes Global Underwriting Structure, Promoting Key Leaders
Jul 19 2021 // TransRe has reorganized its global underwriting structure and promoted key leaders in the areas of Regional Markets, North America, Global Portfolio Management, Europe and Asia Pacific. In addition, it has restructured its...
People Moves: Arch’s Kashuba, TransRe’s Robinson to Ascot; Marsh’s Little to MS Amlin; Allianz’ Schaefer to Howden
Jun 25 2021 // These international People Moves detail new hires at two Lloyd’s insurers (Ascot and MS Amlin) and broker Howden. A summary of these appointments follows here. Insurer Ascot Group announced the expansion of its U.S....
TransRe CEO Sapnar to Step Down, Succeeded by Brandt
Mar 16 2021 // TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through April 30 to help with the transition. Ken Brandt, currently TransRe’s co-president of...
S&P Pegs Coronavirus Losses at $15-$30B. Chief Risk Officers Think That’s Low.
Jun 9 2020 // Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the $15-$30 billion range. However, risk officers speaking at a rating agency conference last...
TransRe Buys Certain Renewal Rights from Maiden Re; Talks to Sell Maiden Re Advance
Aug 30 2018 // TransRe has acquired the exclusive renewal quotation rights to all of Maiden Reinsurance North America’s U.S. treaty customers from their diversified business. TransRe has also hired the U.S. treaty team from Maiden...
Gen Re Seeks to Add Brokerage Business Through Hookup with TransRe
Jul 6 2016 // General Re, the unit of Warren Buffett’s Berkshire Hathaway Inc. that appointed a new chief executive officer in May, struck a deal with a rival reinsurer to help revive sales. Alleghany Corp.’s TransRe will...
Ratings Recap: Sunderland Marine, TransRe London, Instituto Nacional (Costa Rica)
Dec 20 2013 // A.M. Best Europe – Rating Services Limited has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based...
TransRe Appoints Saville Manager, Sr. VP-Underwriting in Singapore
Mar 4 2013 // TransRe, the brand name for Transatlantic Holdings, Inc. and its subsidiaries, announced that Robert Saville has been appointed Sr. VP – Head of Underwriting at the new Singapore office of Transatlantic Reinsurance...
Best Upgrades Transatlantic Holdings and Subs ICR’s; Affirms ‘A’ Ratings
Mar 1 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Transatlantic Reinsurance Company...
