UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

                            ------------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of report (Date of earliest event reported): April 27, 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
     Incorporation)                                              Number)


     80 Pine Street, New York, New York                          10005
  (Address of Principal Executive Offices)                     (Zip Code)

       Registrant's telephone number, including area code: (212) 770-2000

                                      NONE
                   ------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


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 communication 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))



Page 2

Section 2   Financial Information

Item 2.02   Results of Operations and Financial Condition

       On April 27, 2006, Transatlantic Holdings, Inc. issued a press release
announcing its financial results for the first quarter of 2006. A copy of the
press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated
by reference to this Item 2.02.

       The text of the press release is being furnished and is not filed for
purposes of Section 18 of the Securities Exchange Act of 1934.

                                             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.

                                     TRANSATLANTIC HOLDINGS, INC.
                                             (Registrant)

Date: April 27, 2006
                                     By /s/ STEVEN S. SKALICKY
                                        ----------------------
                                           Name:    Steven S. Skalicky
                                           Title:   Executive Vice President
                                                    and Chief Financial Officer



Page 3

                                  Exhibit Index

Exhibit No.                             Description
- -----------                             -----------

99.1          Press Release of Transatlantic Holdings, Inc. dated April 27, 2006