Transatlantic Reinsurance Company Announces Promotions

  Transatlantic Reinsurance Company Announces Promotions

Business Wire

NEW YORK -- February 5, 2013

Transatlantic Reinsurance Company (“Transatlantic”), an indirect and
wholly-owned subsidiary of Alleghany Corporation (NYSE: Y), today announced
the promotions of Nick Tzaneteas to head of North American Professional
Liability and Brian Finlay to head of North American Treaty for Error &
Omissions Liability and Directors’ and Officers’ Liability, reporting directly
to Mr. Tzaneteas.

Mr. Tzaneteas, a twenty-year veteran of Transatlantic, will be responsible for
setting and executing Transatlantic’s underwriting strategy for a diverse set
of classes, including healthcare professional liability, E&O and D&O
liability. Mr. Finlay, who has been with Transatlantic eight years, will be
responsible for client development and underwriting strategy.

Transatlantic Reinsurance Company, an indirect and wholly-owned subsidiary of
Alleghany Corporation, is a leading international reinsurance organization
headquartered in New York with operations worldwide. Transatlantic and its
subsidiaries offer reinsurance capacity on both a treaty and facultative basis
– structuring programs for a full range of property and casualty products,
with an emphasis on specialty risks.

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

Contact:

Transatlantic Reinsurance Company
Thomas V. Cholnoky, 212-365-2292