Reinsurance News
TransRe
TransRe bolsters senior management team
9th January 2026
Transatlantic Holdings (TransRe), the reinsurance arm of the Alleghany Corporation, has promoted Mike Torre to assume responsibility for the global property portfolio, Maryam Haji to lead the global catastrophe management team and catastrophe modelling professionals, Desmond Pollock as Head of Go-To-Market team, and Eyal Shnaps is now in charge of ... Read the full article
TransRe collaborates with Cytora to enhance facultative risk processing efficiency
12th August 2025
TransRe, a reinsurance company specialising in facultative reinsurance solutions, has partnered with Cytora, a technology firm known for its digital risk processing platform, to implement Concierge, Cytora’s AI-driven service, across its worldwide facultative operations. The integration is expected to help TransRe manage higher volumes of facultative submissions more effectively, lower operational ... Read the full article
TransRe calls for urgent and substantial D&O price increases amid unprofitable market conditions
21st May 2025
Reinsurer TransRe is urging immediate and material increases in US Public Directors & Officers (D&O) insurance pricing, warning that the current market remains unsustainable. In a recent market update, TransRe states that the D&O sector is once again operating at a loss, despite prior correctional pricing measures. TransRe argues that rationales often ... Read the full article
Florida insurance market improving, challenges remain for reinsurers: TransRe’s Rhodes
17th February 2025
Florida's tumultuous insurance market is showing signs of improvement, raising hopes for some relief in upcoming June renewals, Kyle Rhodes, President, North American operations at TransRe stated during AM Best’s recent Reinsurance Briefing. Experts are cautiously optimistic, pointing to a number of factors, including reinsurance rate adjustments and legislative reforms, as ... Read the full article
TransRe promotes Rose and Rhodes as Taylor retires
3rd February 2025
TransRe, a reinsurance company wholly owned by Alleghany Corporation, has reshuffled its executive team with the promotions of Louise Rose to President of International and Kyle Rhodes to President of the Americas segment, both reporting to Paul McKeon, TransRe’s President of Global Underwriting. Alongside new roles for Rose and Rhodes, the ... Read the full article
TransRe adds Bastien Potentier as Underwriter, Property & Alt Solutions
20th January 2025
TransRe, a reinsurance company wholly owned by Alleghany Corporation, has appointed Bastien Potentier as an underwriter for Property and Alternative Solutions to its Europe, Middle East and Africa (EMEA) team. Bastien will be based in Zürich, Switzerland and focus on clients’ property needs, including traditional property cat and non-cat, alternative structures ... Read the full article
TransRe appoints Swiss Re’s Abdeladim Bousselam as Head of MEA
12th November 2024
TransRe, a reinsurance company wholly owned by Alleghany Corporation, has announced the appointment of Abdeladim Bousselam as Head of MEA, effective January 1, 2025. In his new role, Bousselam will report directly to Julien Mollinier, President of Europe, Middle East, and Africa at TransRe. Commenting on the appointment, Mollinier said, “I am ... Read the full article
TransRe announces key promotions to enhance cyber underwriting and services
16th July 2024
To better support the underwriting of a growing line of business and enhance product and service offerings, TransRe, a global reinsurer, has announced the promotion of Tina Kališnik to Global Portfolio Leader, Cyber, and Diana Liu to US Cyber Underwriting Leader. Tina Kališnik, who joined TransRe in 2016, has played a ... Read the full article
Berkshire Hathaway P&C reinsurance underwriting profit surpasses $1bn in Q1 2024
4th May 2024
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has surpassed $1 billion in underwriting earnings in its property and casualty (P&C) reinsurance operations during the first-quarter of 2024, up almost 160% year-on-year. With P&C reinsurance premiums written rising by nearly 3%, to $6.455 billion for the three month period, driven ... Read the full article
Rates will fluctuate, but tightening of T&Cs will be more resilient: TransRe CEO
14th August 2023
Ken Brandt, Chairman, President, and Chief Executive Officer (CEO) of TransRe is feeling positive about current reinsurance market dynamics as it’s about more than just better rates in the property catastrophe space. In a sit-down interview with CapSpecialty, as part of the firm’s 25 Minutes with Cap series of video interviews, ... Read the full article
TransRe announces a number of promotions
3rd August 2023
Transatlantic Holdings, Inc. (TransRe), a wholly owned subsidiary of Alleghany Corporation, a Berkshire Hathaway company, has announced the promotion of several leaders to new roles. In Underwriting, John Fugit has been promoted to Deputy CUO for North America and will report to Kyle Rhodes, President of North America. In this new role, ... Read the full article
TransRe’s Paul Bonny to retire as EVC
17th April 2023
Transatlantic Holdings, Inc. (TransRe), a reinsurance company wholly owned by Alleghany Corporation, has announced the retirement of Paul Bonny as Executive Vice Chairman (EVC) after 41 years. According to the announcement, he will continue to offer advice and assistance to the reinsurer through his ongoing role as a non-Executive Director of ... Read the full article
TransRe appoints Aspen’s Mollinier as President of EMEA
12th April 2023
TransRe, a reinsurance company wholly owned by Alleghany Corporation, has appointed Julien Mollinier as President of EMEA to further expand its Continental European business. In the role, Mollinier will be based in Zurich and will oversee all TransRe Europe’s underwriting and business development activities. He will also work closely with the ... Read the full article
Rory Buckingham appointed as TransRe A&H Manager
15th March 2023
TransRe, a reinsurance company wholly owned by Alleghany Corporation, has appointed Rory Buckingham as AVP, Accident & Health Manager. Buckingham brings almost a decade of relevant experience to his new role, having spent three years at TransRe . He joined the reinsurer in 2020 as an Accident & Health Underwriter, a role ... Read the full article
AM Best upgrades TransRe credit ratings
11th January 2023
AM Best has upgraded the credit ratings of TransRe, a reinsurance company wholly owned by Alleghany Corporation, and removed them from under review with positive implications. The reinsurer, and its subsidiaries, now hold a Financial Strength Rating (FSR) of A++ (Superior), which previously was A+ (Superior). Its Long-Term Issuer Credit Ratings ... Read the full article
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