Latest PartnerRe Headlines
All the headlines from our PartnerRe Topic Page, ordered by recency.
PartnerRe Reports $124.6 Million Q1 Net Income
May 6 2003 // Bermuda-based PartnerRe Ltd., reported excellent first quarter results with net income of $124.6 million, or $2.23 per share on a fully diluted basis, compared to net income for the first quarter of 2002 of $63.3 million...
Swiss Re Asks PartnerRe to Register Shares for Sale
Apr 30 2003 // Bermuda’s PartnerRe Ltd. announced that it has received a notice of exercise of rights from Swiss Re under the terms of the Registration Rights Agreements between PartnerRe Ltd. and Swiss Re. PartnerRe said it...
PartnerRe Previews Q1 Results; to Redeem Preferred Shares
Apr 29 2003 // Bermuda-based PartnerRe Ltd. announced that it expects to report first quarter diluted net income per share between $2.20 and $2.24 and diluted operating earnings per share between $1.48 and $1.52. The estimates meet, or...
Walter Kielholz to Retire from PartnerRe’s Board; Dividend Payment Set
Mar 24 2003 // Bermuda’s PartnerRe Ltd. announced that Walter Kielholz will not stand for re-election as a Director of PartnerRe Ltd., in order to devote more time to his new role as Chairman of Credit Suisse Group and his...
Sir Robert Horton Retires from PartnerRe’s Board of Directors
Mar 19 2003 // Bermuda-based PartnerRe Ltd. announced that Sir Robert Horton has chosen to retire from its Board of Directors, effective February 25, 2003, “as a result of the increased responsibility in his current capacity as...
PartnerRe Reports Strong Gains in Q4, Full Year Earnings
Feb 11 2003 // Bermuda’s PartnerRe Ltd. joined Converium in reporting excellent fourth quarter and full year results. It posted operating earnings, which exclude net realized investment gains or losses and are calculated after...
PartnerRe Keeps ‘A+’ Rating
Feb 10 2003 // A.M. Best Co. affirmed the “A+” (Superior) group financial strength rating of Bermuda-based PartnerRe Group and its core subsidiaries, Partner Reinsurance Company Ltd. (Bermuda), Partner Reinsurance Company of...
PartnerRe Keeps ‘A+’ Rating
Feb 10 2003 // A.M. Best Co. affirmed the “A+” (Superior) group financial strength rating of Bermuda-based PartnerRe Group and its core subsidiaries, Partner Reinsurance Company Ltd. (Bermuda), Partner Reinsurance Company of...
A.M. Best Affirms A+ (Superior) Rating of PartnerRe Group
Jan 23 2003 // A.M. Best Co. has affirmed the group financial strength rating of A+ (Superior) of Bermuda-based PartnerRe Group and its core subsidiaries, Partner Reinsurance Company Ltd. (Bermuda), Partner Reinsurance Company of the...
PartnerRe Appoints Jean-Marie Nessi Head of Non-U.S. Global P/C Business Unit
Jan 15 2003 // Bermuda-based PartnerRe Ltd. announced that Mr. Jean-Marie Nessi has been appointed Head of the Property & Casualty business unit for PartnerRe Global. He will report to Bruno Meyenhofer, CEO of PartnerRe...
PartnerRe Registers to Sell $386 Million in Mixed Securities
Nov 27 2002 // Bermuda-based PartnerRe Ltd. has filed a registration statement with the Securities and Exchange Commission to sell an additional $386 million worth of mixed securities. Together with the $214 million worth of securities...
PartnerRe Weathers the Storm: Cuts Q3 Losses, Premiums Up 45%
Nov 4 2002 // Despite loss estimates of around $120 million from this summer’s floods in Germany and Eastern Europe, Bermuda’s PartnerRe had a relatively good third quarter, narrowing its net loss for the three months to...
PartnerRe Updates 1997 Flood Study
Sep 13 2002 // Bermuda-based PartnerRe announced that it has reprinted its research report, “Floods – Causes, Effects and Risk Assessment, ” following the devastating flooding in Europe in August. Originally published...
PartnerRe, Converium Estimate E. European Flood Losses
Sep 9 2002 // Bermuda’s PartnerRe upped its earlier loss estimate from claims due to the recent floods in Eastern Europe from around $100 million to between $110 and $120 million. Swiss-based Converium indicated its pretax losses...
Partner Re Reports Claims from European Flooding Could Approach $100M
Aug 19 2002 // Bermuda-based PartnerRe Ltd. reports that claims from its exposures to flooding currently impacting Europe are expected to approximate $100 million. Over the past week, heavy rainfall has flooded much of eastern and...
Partner Re Reports Record Operating Results
Aug 6 2002 // Bermuda-based PartnerRe Ltd. reported record operating results for the second quarter 2002, and reaffirmed its prior earnings guidance for the full year. PartnerRe President & CEO, Patrick Thiele, commented,...
Partner Re Responds to Requests, Affirms $400M WTC Loss Estimate
Jul 19 2002 // Bermuda-based reinsurer PartnerRe Ltd.has affirmed its loss estimate of $400 million from the destruction of the World Trade Center on Sept. 11. The company reported it was making the announcement in response to requests...
PartnerRe Names Walker to Head of Catastrophe
Jul 16 2002 // Bermuda-based PartnerRe Ltd. named Tad Walker as the Group’s Head of Catastrophe. Walker will be responsible for PartnerRe’s worldwide book of catastrophe business and will manage the underwriting team based in...
PartnerRe to Open Office in Chile
Jun 6 2002 // Bermuda-based PartnerRe has announced that it plans to “strengthen its market position in Latin America” with the opening of a new office, to be located in Santiago, Chile. “The new office will manage the...
PartnerRe Reports Premium Increases, But Q1 Net Falls 34%
May 7 2002 // Bermuda-based PartnerRe Ltd. reported record operating results for the 2002 first quarter of $66.8 million, or $1.29 per share on a fully diluted basis compared to $55.6 million, or $1.08 per share, for the first quarter...
