TransRe Announces Singapore Appointment

  TransRe Announces Singapore Appointment

           New SVP to be Singapore Manager and Head of Underwriting

Business Wire

NEW YORK -- March 3, 2013

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.

Contact:

Transatlantic Reinsurance Company
Thomas V. Cholnoky, 212 365 2292