Latest PartnerRe Headlines
All the headlines from our PartnerRe Topic Page, ordered by recency.
PartnerRe Posts 37% Increase in January Renewal Premiums to $1.37 Billion
Mar 12 2002 // Bermuda’s PartnerRe Ltd. announced that “the Company bound contracts expected to generate $1.37 billion in premiums during its key January 2002 renewal season — an increase of 37%.” The Company the...
PartnerRe Posts Strong Growth, But WTC Attacks, Enron Hit Earnings
Feb 12 2002 // Bermuda’s PartnerRe Ltd. reported results for the fourth quarter and full year which reflected the tumult felt by many insurers in 2001. While net premiums written rose 30 percent to $1.825 billion, the company...
PartnerRe Files To Offer up to $600 Million in New Securities
Dec 17 2001 // Bermuda’s PartnerRe Ltd. has filed a shelf registration statement with the Securities and Exchange Commission “for the proposed offering from time to time of up to $600 million of securities.” While no...
PartnerRe Estimates Net Loss Exposure to Enron at $34 Million
Dec 14 2001 // Bermuda’s PartnerRe Ltd. announced that its aggregate loss exposure following the collapse of Enron Corp. was approximately $49 million on a pre-tax basis, and $34 million after tax. “The bulk of...
PartnerRe Finalizes Terms of $375 Million Offerings
Nov 20 2001 // Bermuda-based PartnerRe announced the prices and terms of two concurrent securities offerings, expected to raise $375 million. Standard & Poor’s has given its single-‘A’-minus ratings to both...
PartnerRe, Max Re Report 3Q Losses
Nov 7 2001 // Two Bermuda-based reinsurers, PartnerRe and Max Re, have posted third quarter net losses of $338.5 million and $8.7 million respectively, primarily due to claims related to the attacks of Sept.11. PartnerRe confirmed...
S&P Reaffirms PartnerRe Ratings, Off CreditWatch
Nov 6 2001 // Standard & Poor’s announced that it has removed Bermuda-based PartnerRe from its CreditWatch, and has affirmed the company’s single-‘A’-plus counterparty credit and single-‘A’-minus...
PartnerRe See 3Q Loss, Will Raise $350 Million
Oct 29 2001 // Bermuda’s PartnerRe, which already announced estimated net losses from the Sept.11 attacks of around $400 million, announced additional losses of around $25 million, and said it would report a third quarter operating...
Will Reinsurance Rebound from Terrorist Strikes in the U.S.’
Oct 29 2001 // If the nautical term best applied to the reinsurance industry last year this time would have been “Steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve qui...
Will Reinsurance Rebound from Terrorist Strikes in the U.S.’
Oct 8 2001 // If the nautical term best applied to the reinsurance industry last year at this time would have been “steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve...
S&P Takes Action on PartnerRe and Subs
Oct 8 2001 // Standard & Poor’s affirmed its single-‘A’-plus counterparty credit rating on PartnerRe Ltd. and its double-‘A’ counterparty credit and FSR on Partner Reinsurance Co. Ltd. and PartnerRe...
PartnerRe, Max Re See 3Q, Full Year Losses
Oct 4 2001 // Two Bermuda-based reinsurers, PartnerRe and Max Re, have indicated that they expect to show loss results for both the third quarter and probably the full year, caused for the most part by the direct and indirect effects of...
PartnerRe Q1 Net Income Dips as Premiums Rise
May 8 2001 // Bermuda’s PartnerRe Ltd. reported net operating earnings of $55.6 million for the first quarter, a slight decrease from the $57.1 million recorded last year. Net premiums written, however, increased to $597.8 million...
PartnerRe Changes Name of French Unit
Mar 30 2001 // Bermuda-based PartnerRe announced that “it will change the name of its Paris organization from SAFR PartnerRe to PartnerRe SA,” effective April 1. The French operation thus joins the rest of the Group operating...
PartnerRe Posts 3rd Quarter Gains
Nov 7 2000 // With this year’s hurricane season nearly over, Bermuda based PartnerRe Ltd. added to the good news with its 3rd quarter earnings report, showing good gains with operating earnings up 24 percent from $40.7 million to...
PartnerRe Names Thiele To Succeed Retiring Haag
Oct 12 2000 // The Board of Directors of Bermuda-based PartnerRe. Ltd. has selected Patrick Thiele to succeed Herbert Haag, who founded the company in 1993, as President and CEO effective upon his retirement December 1st. Board Chairman...
PartnerRe/SCOR Finalize Life Reinsurance Sale
May 16 2000 // Confirming the plans revealed last month, Bermuda’s PartnerRe said that it had reached agreement on the terms for the acquisition of its U.S. subsidiaries, PartnerRe Life Insurance Co., Republic Vanguard Life...
PartnerRe to Sell U.S. Life Operations to SCOR
Apr 13 2000 // Bermuda-based PartnerRe announced that it has reached an agreement with France’s SCOR Group to sell its U.S. life reinsurance business, PartnerRe Life Insurance Company of the U.S., and its subsidiaries Vanguard Life...
