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TransRe Receives Authorization/Group Rating For UK Subsidiary

  TransRe Receives Authorization/Group Rating For UK Subsidiary

TransRe London Limited To Build On Thirty Years Of Commitment To London Market

Business Wire

NEW YORK -- December 17, 2013

TransRe today announced that the UK’s Prudential Regulation Authority and
Financial Conduct Authority have authorized TransRe London Limited to commence
writing general reinsurance business with immediate effect.

TransRe London Limited has received the financial strength rating of A+ and
the counterparty credit rating of A+ from Standard & Poor’s. The outlook
assigned to both ratings is stable.

TransRe London Limited has received the financial strength rating of A
(Excellent) and the issuer credit rating of a+ from A.M. Best. The outlook
assigned to both ratings is stable.

These ratings are the same as those assigned to Transatlantic Reinsurance
Company, the parent company of TransRe London Limited.

For all business enquiries, contact:

Paul Bonny, Chief Executive Officer 
TransRe London Limited                T +44 (0)207 204 8602
Corn Exchange, 55 Mark Lane           pbonny@transre.com
London EC3R 7NE

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.

Contact:

TransRe
Thomas V. Cholnoky, 212-365-2292
 
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