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TRH battered but not broken by 2005 hurricane bill

Transatlantic Holdings (TRH), the parent company of Transatlantic Re, has reported that its net income for the year ended December 31, 2005 amounted to $37.9m, compared to $254.6m, in 2004. Net income for the fourth quarter of 2005 amounted to $13.5m, compared to $98.9m, in the same prior year period.

Income for the year 2005 includes the aggregate estimated pre-tax impact of significant catastrophe loss events amounting to $544m, or $354m on an after-tax basis. The fourth quarter of 2005 includes

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