Transatlantic Holdings Inc., commonly referred to as Transatlantic Re, is a prominent player in the reinsurance industry, headquartered in the United States. Founded in 2006, the company has established a strong presence in key operational regions, including North America and Europe. Specialising in property and casualty reinsurance, Transatlantic Holdings is recognised for its innovative risk management solutions and tailored products that cater to diverse client needs. With a commitment to excellence, Transatlantic Holdings has achieved significant milestones, including strategic partnerships and a robust financial standing. The company’s unique approach to underwriting and its focus on client relationships have solidified its market position, making it a trusted choice for insurers seeking reliable reinsurance solutions.
How does Transatlantic Holdings Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Transatlantic Holdings Inc.'s score of 28 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Transatlantic Holdings Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Alleghany Corporation, which may influence its climate-related strategies and reporting. While there are no documented reduction targets or climate pledges from Transatlantic Holdings Inc. itself, it is important to note that emissions data and climate initiatives may be cascaded from its parent company, Alleghany Corporation, and further from Berkshire Hathaway Inc. at a higher corporate level. However, specific details regarding these initiatives or targets have not been disclosed. In the context of the insurance and financial services industry, companies are increasingly expected to adopt robust climate commitments and transparency in emissions reporting. As such, Transatlantic Holdings Inc. may align its future strategies with industry standards and expectations, particularly as climate change becomes a critical focus for stakeholders.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Transatlantic Holdings Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.