Latest PartnerRe Headlines
All the headlines from our PartnerRe Topic Page, ordered by recency.
PartnerRe Releases Preliminary Q3, 9-Month Financial Figures
Oct 13 2008 // Bermuda-based PartnerRe Ltd. has released its preliminary estimates of Non-Life combined ratios and shareholders’ equity for the three and nine months ending September 30, 2008. The Company estimated its Non-Life...
PartnerRe Ike Claims at $175-$200 Million; Lowers Gustav Estimates
Sep 24 2008 // Bermuda’s PartnerRe Ltd. announced that its early estimate of claims relating to its exposure to Hurricane Ike is currently between $175-$210 million on a pre-tax basis, net of reinstatement premiums. The bulletin...
PartnerRe Estimates Gustav Losses Between $25 to $45 Million
Sep 12 2008 // Bermuda-based PartnerRe Ltd. announced that its preliminary estimate of claims relating to its exposure to Hurricane Gustav are currently expected to be between $25 and $45 million on a pre-tax basis, net of reinstatement...
PartnerRe to Repurchase Shares
Sep 9 2008 // Bermuda-based PartnerRe Ltd. announced that its Board of Directors has approved an increase in the Company’s share repurchase authorization for a total of up to 5 million common shares. “This reflects an...
Babcock Named as PartnerRe’s Group Finance Director
Aug 5 2008 // Bermuda-based PartnerRe Ltd. announced that William Babcock has been appointed as the Group’s Finance Director. He will report to CFO Albert Benchimol, and will have overall responsibility for Group finance...
PartnerRe Amends, Extends Equity Forward Sale Agreement; Repurchases 1 Million Shares
Aug 1 2008 // Bermuda-based PartnerRe Ltd. announced that it has amended its existing forward sale agreement. Under the terms of the amendment, half the contract will mature according to its original term on October 28, 2008, while the...
PartnerRe to Release Q2 Results Today; Conference Call Details
Jul 28 2008 // Bermuda-based PartnerRe Ltd. will release its 2008 second quarter and half year results after the market close today, Monday, July 28. PartnerRe senior management will conduct a dial-in conference call, which will include...
Analyst Sees U.S. Insurers’ Q2 Hurt by Flood Claims
Jun 19 2008 // A group of insurers who cover farmers in the event of catastrophe-driven losses are facing their worst claims in 15 years due to flooding in the Midwest, said a Lehman Brothers analyst, who cut second-quarter earnings...
PartnerRe Makes Executive Changes in Global (Non-U.S.) Operations
Jun 2 2008 // Bermuda-based PartnerRe has announced the following executive changes in its Global (Non-U.S.) Operations: — Emmanuel Clarke has been named as Head of Specialty Lines, Global, effective Sept. 1, 2008. — He...
PartnerRe to Issue $250 Million Senior Notes; Ratings in the ‘A’ Range
May 23 2008 // Bermuda-based PartnerRe Ltd. has announced that it intends to issue, through its indirectly wholly-owned subsidiary PartnerRe Finance A LLC, $250 million of 10-year fixed rate 6.875 percent Senior Notes, pursuant to its...
PartnerRe Makes Executive Changes in Global Operations
May 16 2008 // Bermuda-based PartnerRe Ltd. has announced two executive changes in its PartnerRe Global (non-U.S.) operations – comprised of the Global P&C, Global Specialty and Global Catastrophe units and a Life Reinsurance...
PartnerRe Q1 Net Drops 24%
Apr 29 2008 // Bermuda-based PartnerRe Ltd. reported net income of $129.0 million, or $2.16 per share, for the first quarter of 2008, compared to $169.3 million for Q1 2007, a 24 percent decrease. The income figure includes net realized...
PartnerRe Opens Brazil Rep Office; Applies for Reinsurance License
Apr 17 2008 // Bermuda-based PartnerRe Ltd. has established a representative office in Sao Paulo, and has applied for a license to become an admitted reinsurer in Brazil. “The move follows the opening of the Brazilian reinsurance...
Ratings Roundup: Novae, PartnerRe S.A., Steamship Mutual
Mar 4 2008 // Standard & Poor’s Ratings Services has revised its outlook on U.K.-based Novae – Syndicate 2007 to positive from stable. S&P also affirmed its Lloyd’s Syndicate Assessment (LSA) of...
PartnerRe Earnings Announcement Today; Conference Call Details
Feb 4 2008 // Bermuda-based PartnerRe Ltd. will announce its fourth quarter 2007 and full year results after the market close today, February 4, 2008. Senior management will conduct a dial-in conference call, which will include a...
PartnerRe January P/C Renewals around $2 Billion
Jan 25 2008 // Bermuda-based PartnerRe Ltd. announced that during the January 1 renewal season it expects to write and bind approximately $2.0 billion of Non-Life premium. The figure ” does not include PartnerRe’s Non-Life...
PartnerRe Announces $74 Million Write-Down of Channel Re Investment
Jan 18 2008 // PartnerRe Ltd. joined its Bermuda neighbor RenaissanceRe in announcing that it “expects to record a non-operating charge of $74 million to write-down its total investment in Channel Re.” PartnerRe has a 20...
Best Sees No Change in PartnerRe Ratings from Channel Re Write Down
Jan 18 2008 // A.M. Best Co. indicated that its issuer credit rating (ICR) of “a-” of PartnerRe Ltd. and the financial strength rating of ‘A+’ (Superior) and ICR of “aa-” of PartnerRe Group (Hamilton,...
Gesick Named PartnerRe Chief Actuarial Officer
Dec 17 2007 // Bermuda-based PartnerRe Ltd. announced that Eric Gesick has been appointed as PartnerRe’s Group Chief Actuary. He will be based in Bermuda and report to the Group’s CEO, with “overall responsibility for...
Ratings Recap: London General, AIG Global Trade, Kiln, PartnerRe (Europe), New Technology, Radian (Europe), Allied World
Dec 17 2007 // A.M. Best Co. has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of London General Insurance Company Limited (LGI) and London General Life Company...
