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TransRe to redomicile unit to Luxembourg

TransRe is planning to redomicile subsidiary TransRe Zurich to Luxembourg, where it will be renamed.

Pursuant to the restructuring, the company's European offices in Munich, Paris and Zurich, along with its office in Dubai, will become branch offices of Luxembourg. The company said these changes will not affect the business activities and staff of TransRe's operating offices.

TransRe expects the restructuring to be completed by mid-2019, subject to regulatory approvals.

TransRe is the brand name for Transatlantic Holdings Inc. and its subsidiaries.