Transatlantic Holdings, Inc. letterhead]Offering Agreement • December 9th, 2005 • Transatlantic Holdings Inc • Fire, marine & casualty insurance
Transatlantic Holdings, Inc. UNDERWRITING AGREEMENT Dated December 7, 2005Underwriting Agreement • December 9th, 2005 • Transatlantic Holdings Inc • Fire, marine & casualty insurance • New York
Transatlantic Holdings, Inc., a Delaware corporation (the “Company”), confirms its agreement, subject to the terms and conditions stated herein, to issue and sell $300,000,000 aggregate principal amount of its 5.75% Senior Notes due 2015 (the “Notes”) to Banc of America Securities LLC, Merrill Lynch & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated (together, the “Underwriters”), acting severally and not jointly, the respective amounts set forth in Schedule 1 opposite such Underwriter’s name. In connection with the afore-mentioned issuance and sale, American International Group, Inc. (“AIG”), the controlling shareholder of the Company, has informed the Company that certain of AIG’s subsidiaries intend to purchase an additional $450,000,000 aggregate principal amount of the Notes directly from the Company.
