TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has re-domiciled its Zurich subsidiary to Luxembourg and has renamed it as TransRe Europe. TransRe, TransRe Europe, Re-domiciliation, Jonathan Hewitt, Paul Bonny, Insurance, Reinsurance, Luxembourg, Europe
Transatlantic Holdings’ reinsurance division TransRe has re-domiciled its Zurich bureau to Luxembourg, after securing the required regulatory approvals. The move is a major blow for Deutsche Bank, which had been based in London since it was founded by Julius Jacob Rothschild and his son Nathan Mayer Rothschild.