TransRe Announces Singapore Appointment

New SVP to be Singapore Manager and Head of Underwriting

NEW YORK--(BUSINESS WIRE)-- TransRe today announced that Robert Saville has been appointed SVP, Head of Underwriting at the new Singapore office of Transatlantic Reinsurance Company. With over 22 years of reinsurance experience, Mr. Saville has held a number of senior underwriting positions in Asia and London, with the last 16 years in Hong Kong and Singapore.

Paul Bonny, TransRe's President of International Operations, said "We are pleased that Rob is joining our expanding operations in the Asia Pacific region. Opening an office in Singapore will place us firmly in the SE Asia Reinsurance arena as well as provide a further hub to build out our Asia Pacific platform." In response, Mr. Saville said, "I am delighted to be joining TransRe at this exciting time of expansion in the Asia Pacific region."

About TransRe

TransRe is the brand name for Transatlantic Holdings, Inc. and its subsidiaries (including Transatlantic Reinsurance Company). TransRe, wholly owned by Alleghany Corporation (NYSE-Y), is a reinsurance organization headquartered in New York with operations worldwide. Since 1978, TransRe has been offering its clients the capacity, expertise and creativity necessary to structure programs across the full spectrum of property and casualty risks.

Visit www.transre.com for additional information about TransRe.

Contacts

Transatlantic Reinsurance Company
Thomas V. Cholnoky, 212 365 2292

Source: Transatlantic Reinsurance Company

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