The “AA” counterparty credit rating and FSR on Transatlantic Reinsurance Co. (TRC) and its core subsidiaries, Putnam Reinsurance Co. and Trans Re Zurich, were affirmed by S&P. Key rating factors include TRC’s very strong operating performance, extremely strong capitalization and very strong business franchise. Those positive factors were offset by competitive market conditions and declining operating margins. The outlook is stable.
Was this article valuable?
Here are more articles you may enjoy.
Severe Convective Storms Become Costliest Insured Peril of 21st Century: Aon 
NYC Mayor Mamdani Widens Delivery-App Crackdown With Lost-Pay Lawsuit 
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans 
10,000 Travelers Employees Get AI Assistants Via Anthropic Partnership From This Issue
