Transatlantic Reinsurance Co. News

Transatlantic Re Winds Down Asbestos Contracts with AIG, Berkshire Hathaway

Weston Hicks’s Alleghany Corp. will pay $400 million to wind down reinsurance deals with American International Group Inc. and Warren Buffett’s Berkshire Hathaway Inc. for policies that date back decades. Transatlantic Reinsurance Co., owned by Alleghany, will end contracts that …

Global Insurers, Brokers Establish Micro Insurance Consortium

A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator (MVI). Among the companies taking part in …