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.
Viewpoint: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk 
More Insurance M&A Deals on the Horizon? 
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme 
Axios Software Tool Used by Millions Compromised in Hack 
