International reinsurer Transatlantic Holdings, Inc. announced that it expected losses from last Tuesday’s attacks to reach approximately $100 million, based on the preliminary data available.
The company offered its deepest sympathy to all those who are suffering as a result of the disaster, and assured policyholders and shareholders that its strong financial condition would enable Transatlantic to “fulfill its obligations to its clients and continue in its role as a premier global reinsurer.”|”transatlantic, holdings, estimates, attack, losses,
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 

