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.
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal 
‘Tow Godz’ and Auto Glass Businessmen Charged in Carolina Fraud Schemes 
Bring It On: AI Strategy Sways Underwriter Choices of Employers 
NYC Mayor Mamdani’s Rent Freeze Heaps Pressure on a Teetering CMBS Deal From This Issue
