Transatlantic Holdings, Inc. (NYSE: TRH) has announced that Dr. C. Fred Bergsten, at the completion of his term, will not be standing for re-election to the Board of Directors at the Annual Stockholders’ Meeting scheduled for May 21, 2009. In these challenging times for the world economy, Dr. Bergsten has chosen to devote full attention to his leadership role as Director of the Peterson Institute for International Economics.

Robert F. Orlich, Chairman, President and Chief Executive Officer commented, “We would like to thank Fred for his lengthy and distinguished service to Transatlantic. He has been a member of the Board since 1998 and has made extensive contributions to Transatlantic’s success. During his tenure, Fred served on a number of committees, including both Audit and Finance. His knowledge and insight on international economic issues has greatly added to Transatlantic’s global success.”

Transatlantic Holdings, Inc. (TRH) is a leading international reinsurance organization headquartered in New York, with operations on six continents. Its subsidiaries, Transatlantic Reinsurance Company^®, Trans Re Zurich and Putnam Reinsurance Company, 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 TRH

Transatlantic Holdings, Inc.
Steven S. Skalicky, 212-770-2040