US P&C insurer Alleghany will assume the management of Transatlantic Re's $13.7bn investment float and determine the allocation of capital between subsidiaries, but the reinsurer will otherwise retain the right to chart its own path.
US P&C insurer Alleghany will assume the management of Transatlantic Re's $13.7bn investment float and determine the allocation of capital between subsidiaries, but the reinsurer will otherwise retain the right to chart its own path.