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Transatlantic Reinsurance Company, commonly known as TransRe, is a leading global reinsurance provider headquartered in the United States. Established in 1978, the company has built a strong reputation in the reinsurance industry, with significant operations across North America, Europe, and Asia. TransRe specialises in a diverse range of reinsurance solutions, including property, casualty, and specialty lines, tailored to meet the unique needs of its clients. The company is recognised for its innovative approach and commitment to delivering exceptional service, which sets it apart in a competitive market. With a robust financial foundation and a history of strategic growth, TransRe has achieved notable milestones, solidifying its position as a trusted partner for insurers worldwide. Its dedication to excellence and client-centric philosophy continues to drive its success in the ever-evolving reinsurance landscape.
How does Transatlantic Reinsurance Company'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 Reinsurance Company's score of 28 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Transatlantic Reinsurance Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Transatlantic Holdings Inc., which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or climate pledges from Transatlantic Reinsurance Company, it is important to note that emissions data may be cascaded from its parent company, Transatlantic Holdings Inc., at a level 1 relationship. Additionally, the ultimate parent company, Berkshire Hathaway Inc., may also have relevant climate commitments at a level 3 relationship. As of now, Transatlantic Reinsurance Company has not established specific science-based targets or commitments to reduce emissions, which is a growing expectation within the reinsurance industry. The absence of reported emissions data and reduction initiatives highlights the need for enhanced transparency and accountability in their climate strategy.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Transatlantic Reinsurance Company is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.