-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 H8i6j3G8EWxpy5H4yePMR3acuOGsxYqM+NAX8rBCURHsyBpJcums3S8Od45vPvzq
 3yly2f3qlruuETLBeE+DTw==

<SEC-DOCUMENT>0000862510-04-000001.txt : 20040112
<SEC-HEADER>0000862510-04-000001.hdr.sgml : 20040112
<ACCEPTANCE-DATETIME>20040112103427
ACCESSION NUMBER:		0000862510-04-000001
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040109
FILED AS OF DATE:		20040112

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BALOG JAMES
		CENTRAL INDEX KEY:			0001236616

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10545
		FILM NUMBER:		04519692

	MAIL ADDRESS:	
		STREET 1:		2205 N SOUTHWIND BLVD
		STREET 2:		STE 307
		CITY:			VERO BEACH
		STATE:			FL
		ZIP:			32963

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRANSATLANTIC HOLDINGS INC
		CENTRAL INDEX KEY:			0000862510
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				133355897
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		80 PINE ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
		BUSINESS PHONE:		2127702000

	MAIL ADDRESS:	
		STREET 1:		80 PINE STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bal59.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
	<periodOfReport>2004-01-09</periodOfReport>
	<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000862510</issuerCik>
        <issuerName>TRANSATLANTIC HOLDINGS INC</issuerName>
        <issuerTradingSymbol>TRH</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001236616</rptOwnerCik>
            <rptOwnerName>BALOG JAMES</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2205 N. SOUTHWIND BOULEVARD</rptOwnerStreet1>
            <rptOwnerStreet2>APARTMENT 307</rptOwnerStreet2>
            <rptOwnerCity>VERO BEACH</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>32963</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>1</isDirector>
			<isOfficer>0</isOfficer>
			<isTenPercentOwner>0</isTenPercentOwner>
			<isOther>0</isOther>
		</reportingOwnerRelationship>
	</reportingOwner>
	<nonDerivativeTable>
		<nonDerivativeTransaction>
			<securityTitle>
				<value>Common Stock</value>
			</securityTitle>
			<transactionDate>
				<value>2004-01-09</value>
			</transactionDate>
			<deemedExecutionDate>
			</deemedExecutionDate>
			<transactionCoding>
				<transactionFormType>5</transactionFormType>
				<transactionCode>G</transactionCode>
				<equitySwapInvolved>0</equitySwapInvolved>
				<footnoteId id="F1"/>
			</transactionCoding>
			<transactionAmounts>
				<transactionShares>
					<value>1000</value>
				</transactionShares>
				<transactionPricePerShare>
					<value>0</value>
				</transactionPricePerShare>
				<transactionAcquiredDisposedCode>
					<value>D</value>
				</transactionAcquiredDisposedCode>
			</transactionAmounts>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>5100.00</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</nonDerivativeTransaction>
	</nonDerivativeTable>
	<footnotes>
		<footnote id="F1">This transaction represents a gift to a charitable foundation.</footnote>
	</footnotes>
	<ownerSignature>
		<signatureName>By: /s/ Gary A. Schwartz, by power of attorney for James Balog</signatureName>
		<signatureDate>2004-01-12</signatureDate>
	</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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