ASBESTOS LITIGATION: Transatlantic Records $152MM for A&E Claims

Transatlantic Holdings, Inc.’s (TRH) net loss reserves, which include amounts for risks relating to environmental impairment and asbestos-related illnesses, totaled US$152 million at Dec. 31, 2008, compared with US$124 million at Dec. 31, 2007.

The amounts included US$28 million at Dec.…