Transatlantic Holdings Estimates Attack Losses

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,