Although headquartered in New York, Transatlantic Reinsurance Company (TransRe) lives up to its name, writing business on both sides of the Atlantic—and the Pacific as well. Being domiciled in the U.S. gives the company significant advantages that offshore reinsurers can't offer, according to President and CEO Michael Sapnar.
"Not everybody wants to work on an island in the middle of the Atlantic," says Sapnar. "If you live in the U.S. and you want to be in reinsurance, you can work at our headquarters and be right in the middle of where the action is. You're not just a U.S. division of some global company where you're essentially a rounding error on the quarterly numbers."
Paul McKeon, TransRe's chief underwriting officer for North America, adds that being headquartered in the U.S. also pays dividends in terms of customer service and business growth.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
