NEW YORK, Nov. 6, 2011 /PRNewswire/ -- Transatlantic Holdings, Inc. (NYSE: TRH) ("Transatlantic") today announced that it has posted an investor presentation to the Company's website regarding the Board of Director's determination to unanimously recommend that stockholders reject Validus Holdings, Ltd.'s (NYSE: VR) ("Validus") insufficient revised exchange offer.  

The presentation provides detailed information as to how the Validus exchange offer does not deliver full and fair value to Transatlantic stockholders and how the offer presents serious strategic and execution risks, which Transatlantic stockholders will be asked to share.  

The investor presentation is available on Transatlantic's website at www.transre.com by clicking on the "Investor Information" tab and selecting "Presentations."  The presentation has also been filed with the Securities and Exchange Commission ("SEC") and can be accessed on the SEC's website at www.sec.gov.

Transatlantic has made the Board's position on Validus' revised exchange offer available to stockholders in a recommendation statement on Schedule 14D-9, which has been filed with the SEC and is available on the SEC's website at www.sec.gov.  

Goldman, Sachs & Co. and Moelis & Company LLC are acting as financial advisors and Gibson, Dunn & Crutcher LLP is acting as legal counsel to Transatlantic.

About Transatlantic Holdings, Inc.

Transatlantic Holdings, Inc. is a leading international reinsurance organization headquartered in New York, with operations on six continents. Its subsidiaries, Transatlantic Reinsurance Company®, Trans Re Zurich Reinsurance Company Ltd. and Putnam Reinsurance Company, offer reinsurance capacity on both a treaty and facultative basis

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