The Board of Directors of Transatlantic Holdings, Inc. (NYSE: TRH) today declared a quarterly cash dividend of $0.20 per share on the Company’s common stock, payable December 4, 2009, to stockholders of record on November 20, 2009.

Transatlantic Holdings, Inc. (TRH) is a leading international reinsurance organization headquartered in New York, with operations on six continents. Its subsidiaries, Transatlantic Reinsurance Company^®, Trans Re Zurich and Putnam Reinsurance Company, offer reinsurance capacity on both a treaty and facultative basis ― structuring programs for a full range of property and casualty products, with an emphasis on specialty risks.

Visit ― www.transre.com ― for additional information about the Company.

Contacts:

Transatlantic Holdings, Inc.
Thomas V. Cholnoky, 212-365-2292