============================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------------------- FORM 8-K ----------------------------------- CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ----------------------------------- DATE OF REPORT: OCTOBER 17, 2006 DATE OF EARLIEST EVENT REPORTED: OCTOBER 13, 2006 ----------------------------------- TRANSATLANTIC HOLDINGS, INC. (Exact name of registrant as specified in its charter) DELAWARE 1-10545 13-3355897 (State or other (Commission File Number) (IRS Employer jurisdiction of Identification Number) incorporation 80 PINE STREET NEW YORK, NEW YORK 10005 (Address of principal executive offices) (212) 770-2000 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ============================================================================== ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS By letter dated October 9, 2006 and received by Transatlantic Holdings, Inc. (the "Company") on October 13, 2006, John J. Mackowski notified the Company that, for personal reasons, he will not stand for re-election as a director of the Company at its annual shareholders' meeting scheduled to be held in May, 2007. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 16, 2006 TRANSATLANTIC HOLDINGS, INC. By: /s/ Gary A. Schwartz ----------------------------------- Gary A. Schwartz Senior Vice President and General Counsel