Latest PartnerRe Headlines
All the headlines from our PartnerRe Topic Page, ordered by recency.
Earnings Reports: PartnerRe, Greenlight Re
Jul 31 2012 // Selected earnings highlights from Bermuda-based PartnerRe for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $1.16324 bn $1.18205...
Earnings Report: PartnerRe
May 2 2012 // Selected earnings highlights from PartnerRe for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $1.567 bn $1.557 bn Net premiums written...
Best Places PartnerRe and Operating Subs Ratings on Review/Negative
Jan 24 2012 // A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Bermuda-based Partner Reinsurance...
PartnerRe Estimates Thai Flood Losses at $120 Million
Jan 18 2012 // Bermuda-based PartnerRe Ltd. announced that it “expects to record a charge of approximately $120 million, pre-tax and net of retrocession and reinstatement premiums, in its fourth quarter 2011 results related to the...
Third Quarter Earnings Reports: White Mountains, PartnerRe
Nov 1 2011 // White Mountains Insurance: Q3 2011 Q3 2010 Net earned premiums —- $490.6 mn $498.1 mn 9 months – 2011 2010 $1.4367 bn $1.7729 bn Comprehensive net income (loss) ($97.6 mn) $177.6 mn 9 months (loss) 2011 2010 ($57.6...
PartnerRe Details Cat Loss Estimates; $169 Million in Q3
Oct 28 2011 // Bermuda-based PartnerRe Ltd. has issued a statement indicating that it has “experienced no individual loss events occurring during the third quarter of 2011 which were in excess of $35 million.” The bulletin...
Second Quarter Earnings Reports: PartnerRe
Aug 3 2011 //
PartnerRe Comments on Financial Impact of Q2 Losses
Jul 28 2011 // Bermuda-based PartnerRe Ltd. has provided information on the net impact of catastrophe-related large losses affecting second quarter 2011 results. Significant losses, related to the tornadoes that struck the U.S. in April...
Ratings Recap: PartnerRe (notes), Mariah Re (notes), Montana Re (notes)
Jun 15 2011 // A.M. Best Co. has assigned a debt rating of “bbb” to the $325 million 7.25 percent Series E cumulative preferred shares of Bermuda-base PartnerRe, Ltd. ,with a stable outlook. The proceeds from the issuance...
First Quarter Earnings Report: PartnerRe
May 3 2011 //
PartnerRe Makes Changes in Catastrophe Business Unit
Feb 25 2011 // Bermuda-based PartnerRe Ltd. Has announced leadership changes in its Catastrophe business unit, effective April 1, 2011. Brian Secrett, currently Chief Underwriting Officer and Deputy Head, Catastrophe, has been appointed...
PartnerRe Appoints Miranthis to Board of Directors
Feb 10 2011 // Bermuda-based PartnerRe Ltd.announced that President and Chief Executive Officer Costas Miranthis, has been appointed to fill a vacancy on its Board of Directors, effective February 7 , 2011. The vacancy was created by the...
PartnerRe Hit by Cat Losses, Reports Decreases in Q4, FY Net Income
Feb 8 2011 // Bermuda-based PartnerRe Ltd. reported net income of $57.0 million, or $0.65 per share on a fully diluted basis for the fourth quarter of 2010, which includes net after-tax realized and unrealized losses on investments of...
PartnerRe Provides January 2011 Non-Life Renewal Data
Jan 28 2011 // Bermuda-based PartnerRe Ltd. announced that during the January 1, 2011 treaty renewal season it “expects to write and bind approximately $1.8 billion of Non-Life treaty premium. On a constant foreign exchange basis,...
PartnerRe Ups New Zealand Quake Loss Estimates to $140-$160 Million
Dec 15 2010 // Bermuda-based PartnerRe Ltd. Has updated its loss estimate relating to the September 3, 2010 New Zealand earthquake. The Company said it “now expects its loss estimate for the New Zealand Earthquake to be in the...
PartnerRe Repurchases App. 1.7% of Common Shares Outstanding
Dec 9 2010 // Bermuda-based PartnerRe Ltd. announced the repurchase of 1,283,336 common shares in a privately negotiated transaction with an institutional shareholder. The shares, totaling approximately 1.7 percent of total common...
PartnerRe Reports $525 Million Q3 Net Income; $282 Million Operating
Nov 4 2010 // Bermuda-based PartnerRe Ltd. reported net income of $524.9 million, or $6.76 per share on a fully diluted basis for the third quarter of 2010. The bulletin said the figure “includes net after-tax realized and...
PartnerRe to Repurchase Up To 7 Million Common Shares
Sep 9 2010 // PartnerRe Ltd. announced that its Board of Directors has approved a new share repurchase authorization up to a total of 7 million common shares, effective immediately. “This replaces the prior authorization of 8...
Ratings Recap: PartnerRe, Oriental
Aug 26 2010 // Fitch Ratings has affirmed the ratings of PartnerRe Ltd. with a negative outlook. The affirmation follows an “updated review of PartnerRe’s financial performance, capital position, liquidity, and investment...
Goldie to Succeed Clarke as Head of PartnerRe Global Specialty Lines
Jul 27 2010 // Bermuda-based PartnerRe Ltd. announced that Charles Goldie has been appointed Head of Specialty Lines, PartnerRe Global, effective September 1, 2010. The Specialty Lines business unit in PartnerRe Global comprises...
