Bermuda-based PartnerRe Ltd. announced that its subsidiary, Partner Reinsurance Europe SE, has been granted a license from the Dubai Financial Services Authority (DFSA) to operate as an Authorized Firm in the Dubai International Financial Centre (DIFC), effective December 16, 2015. …
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has rejected the unsolicited proposal by EXOR S.p.A. to acquire PartnerRe at a price of $130 per share, and reconfirmed its commitment to the planned merger with AXIS Capital Holdings Limited. …
Bermuda-based PartnerRe Ltd. reported net income of $231.7 million, or $4.76 per share for the first quarter of 2015. The figure includes net after-tax realized and unrealized gains on investments of $100.3 million, or $2.06 per share. By comparison net …
AXIS Capital Holdings Ltd. And PartnerRe Ltd. Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable Standard & Poor’s Ratings Services announced that it has affirmed its ‘A-‘ long-term counterparty credit ratings on Bermuda-based AXIS Capital Holdings Ltd. and PartnerRe Ltd., …
AXIS Capital Holdings Ltd. agreed to merge with PartnerRe Ltd., combining two Bermuda-based reinsurers with a total market value of almost $11 billion amid accelerating consolidation in the industry. PartnerRe shareholders will own 51.6 percent of the new company after …
Partner Reinsurance Asia Pte. Ltd., a wholly owned subsidiary of PartnerRe Ltd., has been licensed by the Monetary Authority of Singapore to operate as a non-life and life reinsurer, capitalized in Singapore, according to an announcement from PartnerRe. As of …
Bermuda-based PartnerRe Ltd. reported a net income of $295.7 million, or $5.61 per share for the first quarter of 2014. This includes net after-tax realized and unrealized gains on investments of $115.8 million, or $2.20 per share. Net income for …
