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TIG HOLDINGS, INC. DECLARES FIRST DIVIDEND OF 5 CENTS

 NEW YORK, Sept. 20 /PRNewswire/ -- The board of directors of TIG Holdings, Inc. (NYSE: TIG) today declared its first regular quarterly cash dividend of 5 cents per share on the company's common stock. The dividend will be payable on Nov. 15, 1993, to holders of record at the close of business on Oct. 29, 1993.
 Headquartered in New York, TIG Holdings, Inc. is a holding company for Transamerica Insurance Group. Transamerica Insurance Group and its subsidiaries are a property casualty insurer group that offers reinsurance and primary commercial and personal insurance throughout the United States. It is the 27th largest property and casualty reinsurer and the 10th largest property and casualty reinsurer in the United States, based on 1992 net written premiums.
 -0- 9/20/93
 /CONTACT: Louis Paglia of TIG Holdings, Inc., 212-446-2708; or Andrew R. Baer or Tracey T. Stearns of Kekst and Company, 212-593-2655/
 (TIG)


CO: TIG Holdings, Inc. ST: New York IN: INS SU: DIV

CK -- NY057 -- 3646 09/20/93 11:50 EDT
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Publication:PR Newswire
Date:Sep 20, 1993
Words:168
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