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.
Three Top P/C Insurers Account for Most of Insurance AI Patents 
Grand Jury Declines to Indict Man in Fatal Shooting at Kentucky State University 
Fire Damages Portland, Maine’s Historic Waterfront 
South Texas Homebuilders Warn ICE Arrests Have Upended Industry 
