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TransRe

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uuid0005qy7

Namestring
TransRe
Legal namestring
Transatlantic Reinsurance Company
Websiteurl
transre.com
Company typeenum
Private
Founded yearint
1977
Descriptiontext

TransRe (legal entity: Transatlantic Reinsurance Company) is a privately held global reinsurer founded in 1977 and headquartered in New York, operating through a network of 23 offices and approximately 600 employees across North America, Europe, Asia Pacific, and Latin America. The company provides treaty and facultative reinsurance to primary insurance carriers across more than 15 lines of business, including property, casualty, specialty lines (cyber, energy, agriculture, aviation, marine, terrorism), management and professional liability, medical professional liability, mortgage indemnity, and surety/trade credit/political risk. TransRe has paid over $40 billion in claims since inception and holds top-tier financial strength ratings: S&P AA+, AM Best A++, and Moody's Aa2. The company is owned by Transatlantic Holdings, Inc. and generates revenue through reinsurance premiums paid by ceding insurers on a contract-by-contract basis, with no publicly disclosed pricing.

Beyond traditional risk transfer, TransRe has invested significantly in proprietary analytics through its TransRe Applied Data platform and the TransRe AI Team (TRAIT), deploying machine learning for catastrophe prediction (cyber events, wildfires), class action impact forecasting, portfolio optimization using mean-variance methods, natural language processing for policy and claims document analysis, and automated data cleaning and entity recognition. The company also operates partnership programs — TransRe Insurtech Partners and TransRe Mortgage Partners — to source deal flow, and is a founding partner of Blue Marble Microinsurance, which extends climate resilience insurance into emerging markets. Distribution is direct to insurers through dedicated underwriting teams and client partnership managers, supported by thought leadership content including market outlooks and the TransRe Europe Discussion Forum series. Strategic partnerships include Integral ILS (supporting $3.5B AuM in insurance-linked securities) and sponsorship of the Wharton Risk Management and Decision Processes Center.

Short descriptiontext

TransRe is a privately held global reinsurer founded in 1977, providing treaty and facultative reinsurance across 15+ lines to primary insurers worldwide through 23 offices and proprietary AI/ML analytics capabilities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
treaty reinsurance, facultative reinsurance, property catastrophe coverage, specialty line reinsurance, reinsurance analytics
Industry1 code
1Natural Catastrophe Reinsurance (NatCat)
CodeFSAOACADPrimaryYes
NAICS code2 codes
  • Reinsurance Carriers524130
  • Reinsurance Carriers52413
SIC code1 code
  • Insurance Agents, Brokers & Service6411
Product category
Reinsurance
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Reinsurance Premiums
TypeSubscription Recurring
Description

TransRe operates as a global reinsurance company providing treaty and facultative reinsurance to primary insurers worldwide. Revenue is generated through reinsurance premiums paid by ceding insurers in exchange for risk transfer coverage.

transre.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 4 records shown
1TransRe Applied Data
Description

Data analytics platform for underwriting and risk assessment

transre.com
+3 more records
Core offering1 text field

TransRe is a global reinsurance provider offering treaty and facultative reinsurance across 15+ lines of business including property, casualty, specialty, and professional liability. The company combines traditional reinsurance capacity with analytics-driven solutions through its TransRe Applied Data platform, which deploys AI and machine learning applications for underwriting, actuarial, and claims functions. Additional offerings include partnership programs for insurtech and mortgage reinsurance, plus the Blue Marble Microinsurance initiative for climate resilience in emerging markets.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

TransRe (Transatlantic Reinsurance Company) is a global reinsurance provider established in 1977, offering treaty and facultative reinsurance across 15+ lines of business including property, casualty, specialty, and professional liability. The company combines traditional reinsurance offerings with analytics-driven solutions through its TransRe Applied Data platform, which deploys AI and ML applications for underwriting, actuarial, and claims teams. Additional value-added services include TransRe Insurtech Partners, TransRe Mortgage Partners, and the Blue Marble Microinsurance initiative for emerging markets. The company operates globally with 600 employees in 23 offices worldwide, maintaining strong financial strength ratings of AA+ (S&P), A++ (AM Best), and Aa2 (Moody's).

Product and service7 records
1Treaty Reinsurance
CategoryCore Product
Description

Traditional treaty reinsurance covering multiple lines including Accident & Health, Agriculture/Crop, Aviation & Marine, Cyber, Energy, Engineering, Entertainment & Contingency, Financial Guaranty, Traditional Casualty, Management & Professional Liability, Medical Professional Liability, Mortgage Indemnity, Property, Surety/Trade Credit/Political Risk, and Terrorism.

2Facultative Reinsurance
CategoryCore Product
Description

Facultative reinsurance offerings covering Engineering, Entertainment & Contingency, Management & Professional Liability, Medical Professional Liability, Property, and Traditional Casualty lines.

3TransRe Applied Data
CategoryData/Analytics Platform
Description

A specialized data platform that researches, develops and deploys AI and machine learning applications and datasets to help underwriters, actuaries and claims teams expand their understanding of client information and improve client service.

4TransRe Insurtech Partners
CategoryPartnership Program
Description

A strategic partnership program connecting TransRe with insurtech companies to foster innovation in the reinsurance industry.

5TransRe Mortgage Partners
CategoryPartnership Program
Description

A dedicated partnership program focused on mortgage-related reinsurance solutions and risk management.

6Blue Marble Microinsurance
CategoryStrategic Initiative
Description

An impact-focused microinsurance initiative aimed at providing climate resilience insurance solutions for vulnerable communities in emerging markets, partnering with organizations like MAPFRE and Blue Marble.

7TransRe Underwriting Managers Agency (TRUMA)
CategorySubsidiary/Brand
Description

An underwriting managers agency subsidiary of TransRe providing specialized underwriting management services.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Bermuda-based insurance-linked securities manager founded in July 2020, growing AuM to $3.5 billion as of January 2026. TransRe provides strategic partnership support as part of Integral ILS's growth strategy in the ILS market.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Strategic partnership supporting Integral ILS's growth in the ILS market alongside TransRe partnership.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

TransRe has been a Center Sponsor for Wharton's risk-related research center for many years, supporting academic research in risk management.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

TransRe is a founding member and partner in Blue Marble Microinsurance, an impact-focused InsurTech providing climate resilience insurance solutions for vulnerable communities in emerging markets.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Bermuda/US-listed global reinsurer offering treaty and facultative reinsurance plus primary insurance. Similar diversified reinsurance platform overlapping TransRe's property, casualty, and specialty lines.

2SCOR
TypeDirect peer
Description

French global multi-line reinsurer providing treaty and facultative coverage across P&C and life. Direct competitor offering similar line-of-business breadth and global distribution to TransRe.

TypeDirect peer
Description

Second-largest global reinsurer with treaty and facultative offerings across property, casualty, and specialty lines. Direct competitor to TransRe in multi-line treaty reinsurance with comparable geographic footprint.

TypeDirect peer
Description

The world's largest reinsurer, offering treaty and facultative reinsurance across property, casualty, and specialty lines globally. Directly comparable as a multi-line, multi-region reinsurer with similar product breadth to TransRe.

TypeBroad incumbent
Description

Insurance and reinsurance marketplace hosting syndicates writing specialty, property, and casualty risk globally. Broader incumbent providing reinsurance capacity that overlaps with TransRe's specialty and treaty lines.

TypeDirect peer
Description

Bermuda-based reinsurer specializing in property catastrophe and specialty lines. Comparable to TransRe's catastrophe and specialty reinsurance franchise, though more concentrated in NatCat.

TypeDirect peer
Description

Privately held multi-line global reinsurer owned by Covéa, offering treaty and facultative P&C reinsurance. Direct peer in size and product mix, similarly privately held and Bermuda-domiciled.

TypeBroad incumbent
Description

Bermuda-based insurer and reinsurer with reinsurance, insurance, and mortgage insurance segments. Overlaps with TransRe in treaty reinsurance and mortgage indemnity lines (relevant to TransRe Mortgage Partners).

TypeDirect peer
Description

Third-largest global reinsurer offering treaty, facultative, and specialty reinsurance across property, casualty, and life/health. Comparable multi-line, multi-region reinsurance business model.

TypeBroad incumbent
Description

Specialty insurer and reinsurer offering multi-line coverage including property, casualty, and professional liability. Comparable in specialty/multi-line underwriting breadth though with larger primary insurance exposure.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries14 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TransRe

Reinsurancetransre.com

TransRe is a privately held global reinsurer founded in 1977, providing treaty and facultative reinsurance across 15+ lines to primary insurers worldwide through 23 offices and proprietary AI/ML analytics capabilities.

What TransRe does

TransRe (legal entity: Transatlantic Reinsurance Company) is a privately held global reinsurer founded in 1977 and headquartered in New York, operating through a network of 23 offices and approximately 600 employees across North America, Europe, Asia Pacific, and Latin America. The company provides treaty and facultative reinsurance to primary insurance carriers across more than 15 lines of business, including property, casualty, specialty lines (cyber, energy, agriculture, aviation, marine, terrorism), management and professional liability, medical professional liability, mortgage indemnity, and surety/trade credit/political risk. TransRe has paid over $40 billion in claims since inception and holds top-tier financial strength ratings: S&P AA+, AM Best A++, and Moody's Aa2. The company is owned by Transatlantic Holdings, Inc. and generates revenue through reinsurance premiums paid by ceding insurers on a contract-by-contract basis, with no publicly disclosed pricing.

Beyond traditional risk transfer, TransRe has invested significantly in proprietary analytics through its TransRe Applied Data platform and the TransRe AI Team (TRAIT), deploying machine learning for catastrophe prediction (cyber events, wildfires), class action impact forecasting, portfolio optimization using mean-variance methods, natural language processing for policy and claims document analysis, and automated data cleaning and entity recognition. The company also operates partnership programs — TransRe Insurtech Partners and TransRe Mortgage Partners — to source deal flow, and is a founding partner of Blue Marble Microinsurance, which extends climate resilience insurance into emerging markets. Distribution is direct to insurers through dedicated underwriting teams and client partnership managers, supported by thought leadership content including market outlooks and the TransRe Europe Discussion Forum series. Strategic partnerships include Integral ILS (supporting $3.5B AuM in insurance-linked securities) and sponsorship of the Wharton Risk Management and Decision Processes Center.

TransRe firmographics

Firmographics
Name
TransRe
Legal name
Transatlantic Reinsurance Company
Website
https://transre.com
Company type
Private
Founded year
1977
Operating status
Operating
Headcount range
501–1,000 employees
Short description
TransRe is a privately held global reinsurer founded in 1977, providing treaty and facultative reinsurance across 15+ lines to primary insurers worldwide through 23 offices and proprietary AI/ML analytics capabilities.
Ownership category
akta.pro rank

TransRe industry classification

Industry
Product category
Reinsurance
NAICS
Reinsurance Carriers (524130), Reinsurance Carriers (52413)
SIC
Insurance Agents, Brokers & Service (6411)
akta.pro primary industry
Natural Catastrophe Reinsurance (NatCat) (FSAOACAD)

Keywords

  • Treaty reinsurance
  • Facultative reinsurance
  • Property catastrophe coverage
  • Specialty line reinsurance
  • Reinsurance analytics

Where TransRe is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices6 records

Markets served

TransRe business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Reinsurance Premiums: TransRe operates as a global reinsurance company providing treaty and facultative reinsurance to primary insurers worldwide. Revenue is generated through reinsurance premiums paid by ceding insurers in exchange for risk transfer coverage.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

TransRe product offering

Product offering

Core offering

TransRe is a global reinsurance provider offering treaty and facultative reinsurance across 15+ lines of business including property, casualty, specialty, and professional liability. The company combines traditional reinsurance capacity with analytics-driven solutions through its TransRe Applied Data platform, which deploys AI and machine learning applications for underwriting, actuarial, and claims functions. Additional offerings include partnership programs for insurtech and mortgage reinsurance, plus the Blue Marble Microinsurance initiative for climate resilience in emerging markets.

Product overview

TransRe (Transatlantic Reinsurance Company) is a global reinsurance provider established in 1977, offering treaty and facultative reinsurance across 15+ lines of business including property, casualty, specialty, and professional liability. The company combines traditional reinsurance offerings with analytics-driven solutions through its TransRe Applied Data platform, which deploys AI and ML applications for underwriting, actuarial, and claims teams. Additional value-added services include TransRe Insurtech Partners, TransRe Mortgage Partners, and the Blue Marble Microinsurance initiative for emerging markets. The company operates globally with 600 employees in 23 offices worldwide, maintaining strong financial strength ratings of AA+ (S&P), A++ (AM Best), and Aa2 (Moody's).

Differentiator

Problem solved

Functional benefit

Brands

  • TransRe Applied Data: Data analytics platform for underwriting and risk assessment
  • TransRe Insurtech Partners
  • TransRe Mortgage Partners
  • Blue Marble Microinsurance

Products and services

  • Treaty Reinsurance Traditional treaty reinsurance covering multiple lines including Accident & Health, Agriculture/Crop, Aviation & Marine, Cyber, Energy, Engineering, Entertainment & Contingency, Financial Guaranty, Traditional Casualty, Management & Professional Liability, Medical Professional Liability, Mortgage Indemnity, Property, Surety/Trade Credit/Political Risk, and Terrorism.
  • Facultative Reinsurance Facultative reinsurance offerings covering Engineering, Entertainment & Contingency, Management & Professional Liability, Medical Professional Liability, Property, and Traditional Casualty lines.
  • TransRe Applied Data A specialized data platform that researches, develops and deploys AI and machine learning applications and datasets to help underwriters, actuaries and claims teams expand their understanding of client information and improve client service.
  • TransRe Insurtech Partners A strategic partnership program connecting TransRe with insurtech companies to foster innovation in the reinsurance industry.
  • TransRe Mortgage Partners A dedicated partnership program focused on mortgage-related reinsurance solutions and risk management.
  • Blue Marble Microinsurance An impact-focused microinsurance initiative aimed at providing climate resilience insurance solutions for vulnerable communities in emerging markets, partnering with organizations like MAPFRE and Blue Marble.
  • TransRe Underwriting Managers Agency (TRUMA) An underwriting managers agency subsidiary of TransRe providing specialized underwriting management services.

Companies that use TransRe

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

TransRe technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

TransRe partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • Integral ILScoreStrategic or Co-development PartnerBermuda-based insurance-linked securities manager founded in July 2020, growing AuM to $3.5 billion as of January 2026. TransRe provides strategic partnership support as part of Integral ILS's growth strategy in the ILS market.
  • AmwinscoreStrategic or Co-development PartnerStrategic partnership supporting Integral ILS's growth in the ILS market alongside TransRe partnership.
  • Wharton Risk Management and Decision Processes CenterminorStrategic or Co-development PartnerTransRe has been a Center Sponsor for Wharton's risk-related research center for many years, supporting academic research in risk management.
  • Blue Marble MicroinsurancecoreStrategic or Co-development PartnerTransRe is a founding member and partner in Blue Marble Microinsurance, an impact-focused InsurTech providing climate resilience insurance solutions for vulnerable communities in emerging markets.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

TransRe competitors and assessment

Company assessment

Direct peers

  • Everest Group: Bermuda/US-listed global reinsurer offering treaty and facultative reinsurance plus primary insurance. Similar diversified reinsurance platform overlapping TransRe's property, casualty, and specialty lines.
  • SCOR: French global multi-line reinsurer providing treaty and facultative coverage across P&C and life. Direct competitor offering similar line-of-business breadth and global distribution to TransRe.
  • Swiss Re: Second-largest global reinsurer with treaty and facultative offerings across property, casualty, and specialty lines. Direct competitor to TransRe in multi-line treaty reinsurance with comparable geographic footprint.
  • Munich Re: The world's largest reinsurer, offering treaty and facultative reinsurance across property, casualty, and specialty lines globally. Directly comparable as a multi-line, multi-region reinsurer with similar product breadth to TransRe.
  • RenaissanceRe: Bermuda-based reinsurer specializing in property catastrophe and specialty lines. Comparable to TransRe's catastrophe and specialty reinsurance franchise, though more concentrated in NatCat.
  • PartnerRe: Privately held multi-line global reinsurer owned by Covéa, offering treaty and facultative P&C reinsurance. Direct peer in size and product mix, similarly privately held and Bermuda-domiciled.
  • Hannover Re: Third-largest global reinsurer offering treaty, facultative, and specialty reinsurance across property, casualty, and life/health. Comparable multi-line, multi-region reinsurance business model.

Broad incumbents

  • Lloyd's of London: Insurance and reinsurance marketplace hosting syndicates writing specialty, property, and casualty risk globally. Broader incumbent providing reinsurance capacity that overlaps with TransRe's specialty and treaty lines.
  • Arch Capital Group: Bermuda-based insurer and reinsurer with reinsurance, insurance, and mortgage insurance segments. Overlaps with TransRe in treaty reinsurance and mortgage indemnity lines (relevant to TransRe Mortgage Partners).
  • Markel Group: Specialty insurer and reinsurer offering multi-line coverage including property, casualty, and professional liability. Comparable in specialty/multi-line underwriting breadth though with larger primary insurance exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

TransRe social profiles

Digital presence

TransRe financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TransRe leadership team

Management profile

Number of profiles

Profiles8 records

TransRe subsidiaries and ownership

Company hierarchy

Subsidiaries14 records

TransRe funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TransRe M&A and investment

M&A and investment

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TransRe

What does TransRe do?

TransRe is a global reinsurance provider offering treaty and facultative reinsurance across 15+ lines of business including property, casualty, specialty, and professional liability. The company combines traditional reinsurance capacity with analytics-driven solutions through its TransRe Applied Data platform, which deploys AI and machine learning applications for underwriting, actuarial, and claims functions. Additional offerings include partnership programs for insurtech and mortgage reinsurance, plus the Blue Marble Microinsurance initiative for climate resilience in emerging markets.

Is TransRe a public or private company?

TransRe is a private company. It is classified as corporate owned and is currently operating.

When was TransRe founded?

TransRe was founded in 1977. It employs 501 to 1,000 people.

Where is TransRe based?

TransRe is headquartered in New York, United States, in the North America region.

How does TransRe make money?

One revenue line is on record: reinsurance Premiums.

Who are TransRe's main competitors?

Direct peers on record are Everest Group, SCOR, Swiss Re, Munich Re, RenaissanceRe, PartnerRe and Hannover Re. Broad incumbents are Lloyd's of London, Arch Capital Group and Markel Group.

Does TransRe have an API?

No public API is recorded for TransRe.

What industry is TransRe in?

TransRe's product category is Reinsurance. Its primary akta.pro industry code is FSAOACAD, Natural Catastrophe Reinsurance (NatCat). Its NAICS code is 524130 and its SIC code is 6411.

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Live signals
ReinsuranceNe.wsBousselam promoted to CUO of TransRe EuropeTransatlantic Holdings (TransRe) has promoted Abdeladim Bousselam to Chief Underwriting Officer of TransRe Europe, reporting to Louise Rose, President, International Division. Bousselam joined TransRe from Swiss Re in January 2025 as Head of MEA and has since been developing the company's Middle East portfolio and client relationships. Prior to joining TransRe, Bousselam spent 12 years at Swiss Re, most recently serving as Senior Regional Manager Saudi Arabia and Solutions Lead Middle East.Business Wire BlogTransRe Expands Go-To-Market ApproachTransRe announced internal promotions to strengthen its go-to-market approach and client/broker partnerships, appointing Desmond Pollock to lead the new Go-To-Market team, Eyal Shnaps to lead the U.S. Custom team, Mike Torre to oversee the global property portfolio, and Maryam Haji to head the global catastrophe management team. The changes are designed to better integrate analytic capabilities and provide enhanced support to underwriting teams across all regions and lines of business worldwide. Company leadership stated the promotions demonstrate the depth of talent within TransRe and will help deliver improved service to partner clients and brokers.ReinsuranceNe.wsCanopius appoints Rachel Webber as Head of Reinsurance, UKCanopius Group has appointed Rachel Webber to the newly created role of Head of Reinsurance, UK, responsible for evaluating the company's UK reinsurance portfolio and leading client engagement efforts. Webber brings more than 20 years of industry experience, having spent the past 18 years at TransRe in various senior leadership roles. The appointment aligns with Canopius' recent expansion of its Casualty Treaty business and entry into the Aviation Treaty market in London.Climate Program OfficeNOAA, NFWF announce record $136 million for coastal resilienceNOAA and the National Fish and Wildlife Foundation (NFWF) announced a record $136 million in funding for 88 natural infrastructure projects across 29 U.S. states and territories to enhance coastal resilience against flooding and storms. This investment, supported by partners including Shell USA, TransRe, Oxy, and the Bezos Earth Fund, leverages additional contributions to achieve a total conservation impact of $230 million. The grants aim to restore habitats and protect communities from climate-related risks through nature-based solutions.PR NewswireTransRe Announces President and Chief Executive Officer SuccessionMike Sapnar has stepped down as President and Chief Executive Officer of TransRe, effective April 30, 2021, to pursue another opportunity, after nine years as CEO and 26 years with the company. Ken Brandt, currently Co-President of Global Underwriting and a 15-year veteran of TransRe, has been named to succeed him as President and CEO, while fellow Co-President Paul Bonny has been named Executive Vice Chairman. The leadership transition comes after TransRe, wholly owned by Alleghany Corporation since 2012, reported $849 million in underwriting profits and a 97.5% combined ratio over the past nine years.PR NewswireTransRe Secures Exclusive Renewal Rights, Adds U.S. Treaty Team From Maiden ReTransRe has acquired exclusive renewal quotation rights to all of Maiden Re's U.S. treaty customers from their diversified business and hired the U.S. treaty team from Maiden Re, including Tom Highet, previously President of Maiden Reinsurance North America. The team will operate from new offices in Mt. Laurel, New Jersey, and will immediately offer renewal quotations on this treaty book focused on regional property and casualty, accident and health, and personal auto insurers. TransRe's President Ken Brandt described the move as an excellent strategic and cultural fit that positions the company to better serve customers and brokers in these markets.PR NewswireMarkel hires head of global cyber liabilityMarkel Corporation appointed Kara Owens as Managing Director, Global Cyber Executive to lead its enterprise-wide cyber strategy and develop underwriting best practices. This hire aims to strengthen the company's position in the growing cyber product segment by leveraging Owens' previous experience at TransRe and Guy Carpenter.PR NewswireTransRe Appoints Global Head Of Business DevelopmentTransRe has appointed Kyle Rhodes as Global Head of Business Development, a newly created role designed to strengthen strategic alliances with key customers and brokers and support profitable growth. In this position, Rhodes will facilitate deeper engagement with senior broker and client executives and assist in delivering TransRe's access to third-party capital. Rhodes has spent 11 years with TransRe in various leadership roles and previously spent 9 years at Employers Re.GlobeNewswireStonybrook Capital Named Advisor to TransReStonybrook Capital was named advisor to TransRe for an investment made by the reinsurer. The advisory included valuation considerations, and TransRe CEO Mike Sapnar said Stonybrook helped evaluate the investment. Stonybrook specializes in insurance and reinsurance advisory.