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.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators
Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders?
Portugal Deadly Floods Force Evacuations, Collapse Main Highway
AIG Underwriting Income Up 48% in Q4 on North America Commercial 

