TransRe was formed as a facultative reinsurance division of AIG and wrote its first business on January 1, 1978.

TransRe quickly expanded to other territories including Toronto in 1980, Europe (London) and Asia Pacific (Tokyo) in 1982 and Hong Kong in 1985.

The company established the Latin America and Caribbean division in Miami, FL in 1993 and continued to expand globally with further offices in Paris, Zurich, Munich, Buenos Aires, Rio de Janeiro, Singapore, Shanghai, Johannesburg and Sydney, Hamilton, Luxembourg.

TransRe provides treaty and facultative Property & Casualty reinsurance through brokers and directly to insurance companies worldwide.

The company is structured in regional divisions: North America, Latin American & The Caribbean, Europe, Middle East & Africa, and Asia Pacific, with over 20 offices in 16 territories.