Latest PartnerRe Headlines
All the headlines from our PartnerRe Topic Page, ordered by recency.
PartnerRe Rebounds; Posts $566.7 Million Q3 Net; $1.2 Billion 9 Months
Oct 27 2009 // Bermuda-based PartnerRe Ltd. reported net income of $566.7 million, or $9.44 per share on a fully diluted basis for the third quarter of 2009. The bulletin said the figure “includes after-tax net realized and...
PartnerRe to Pursue Acquisition of the Remainder of PARIS RE Shares
Sep 29 2009 // Bermuda-based PartnerRe Ltd. announced that it has entered into definitive agreements amending the acquisition structure of PARIS RE Holdings Limited (Euronext:PRI), the French-listed, Swiss-based diversified reinsurer...
PartnerRe Shareholders Approve Details of PARIS RE Acquisition
Sep 25 2009 // Bermuda-based PartnerRe Ltd. announced that its shareholders, at a Special General Meeting, have approved all of the proposals unanimously recommended by the Company’s Board of Directors to effect the Company’s...
Aon, Partner Re Release Latest Hazard & Risk Review at Monte Carlo
Sep 9 2009 // Aon Benfield and PartnerRe have released their annual re/insurance industry report, Hazard & Risk Science Review 2009, which showcases the latest developments in the field of natural hazard and risk science. The...
PartnerRe Files ‘Definitive Proxy Statement’ on PARIS RE Acquisition
Aug 25 2009 // Bermuda-based PartnerRe Ltd. Has filed a Definitive Proxy Statement with the Securities and Exchange Commission announcing a Special General Meeting of PartnerRe shareholders on Thursday, September 24, 2009. This Special...
PartnerRe Reports Q2, 1H Results
Jul 28 2009 // Bermuda-based PartnerRe Ltd. reported net income of $474.3 million, or $8.10 per share on a fully diluted basis for the second quarter of 2009. The bulletin said the figure “includes net after-tax realized and...
Validus Wins IPC; Industry ‘Think Tank’ Warns on Climate Change; Partner Re to Acquire PARIS RE
Jul 20 2009 // The contest to acquire IPC Holding appears to be over. Validus Holdings, the formerly unwelcome suitor, whose rival bid ended Max Capital’s effort to take over IPC, has emerged as the winner. Validus finally came up...
Zwiener Joins PartnerRe Board
Jul 10 2009 // Bermuda-based PartnerRe Ltd. announced that David Zwiener has been appointed to fill a vacancy on its Board of Directors effective July 7, 2009. Zwiener, aged 54, is an experienced insurance industry executive. Between...
S&P Changes Outlook on PartnerRe’s Ratings to Negative
Jul 7 2009 // While Standard & Poor’s Ratings Services is positive in its outlook for PARIS RE (See related article), it is less so when it comes to the acquiring company, Bermuda-based PartnerRe. S&P said it has revised...
S&P, Best See Positive Outlook for PARIS RE Deal with PartnerRe
Jul 7 2009 // Both A.M. Best Co. and Standard & Poor’s Ratings Services have taken a positive outlook for their ratings on PARIS RE and its operating companies, following the announcement that the group would be acquired by...
PartnerRe To Acquire PARIS RE; Best Sees no Rating Change
Jul 6 2009 // Bermuda-based PartnerRe announced that it has entered into definitive agreements to acquire PARIS RE, a French-listed, Swiss-based diversified reinsurer. PartnerRe will exchange 0.30 of its common shares for each PARIS RE...
Ratings Roundup: Lloyd’s (debt), PartnerRe, Pacific Int’l., Amerinst
Apr 29 2009 // A.M. Best Co. has commented that its ratings of Lloyd’s of London, Lloyd’s Reinsurance Company (China) Limited, the Society of Lloyd’s and of debt issued by the Society remain unchanged following the...
PartnerRe Posts $141 Million Q1 Net Earnings; Conf. Call Today
Apr 28 2009 // Bermuda-based PartnerRe Ltd. posted net income of $141.5 million, or $2.32 per share on a fully diluted basis for the first quarter of 2009, compared to $129 million in the same period of 2008. “Net income includes...
Ratings Recap: Munich Re, Partner Re, IPC Re [S&P, Best], Vienna, Emirates
Mar 5 2009 // Standard & Poor’s Ratings Services has said that its “ratings and outlook on Germany-based global reinsurer Munich Reinsurance Co. (AA-/Stable/–) and core related entities (collectively Munich Re)...
PartnerRe Q4 Net Drops 52% to $95.3 Million; FY Down 94% to $46.5 Million
Feb 4 2009 // PartnerRe Ltd. joined the growing list of companies, reporting sharp fourth quarter and full year net income decreases. The Bermuda-based reinsurer posted Q4 net income of $95.3 million, compared to the $180.6 million it...
PartnerRe to Release Q4, FY Earnings Today; Conference Call Details
Feb 2 2009 // Bermuda-based PartnerRe will release its 2008 fourth quarter and full year results after the market close today, Monday, February 2, 2009. PartnerRe senior management will conduct a dial-in conference call, which will...
PartnerRe Analyzes January Non-Life Renewals
Jan 23 2009 // Bermuda’s PartnerRe Ltd. announced that during the January 1 renewal season it expects to write and bind approximately $2.1 billion of Non-Life premium. The life renewals are not included, as they are distributed...
Best Affirms PartnerRe’s ‘A+’ Ratings
Jan 21 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of the Bermuda-based PartnerRe Group and its members. Best also affirmed the ICR...
Partner Re Raises Ike Loss Estimates
Dec 2 2008 // Bermuda-based PartnerRe Ltd. has increased its estimate of claims from Hurricane Ike by $115 million to a total estimate of approximately $305 million, pre-tax and after reinstatement premiums. PartnerRe said its...
S&P Affirms PartnerRe’s ‘AA-‘ Ratings and Stable Outlook
Nov 10 2008 // Standard & Poor’s Ratings Services has affirmed its ‘A’ counterparty credit rating on Bermuda-based reinsurance holding company Partner Re Ltd. and its ‘AA-‘ counterparty credit and...
