Latest PartnerRe Headlines
All the headlines from our PartnerRe Topic Page, ordered by recency.
A.M. Best Affirms Ratings of PartnerRe & Subsidiaries
May 26 2017 // A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Bermuda-based Partner Reinsurance Co. Ltd. and its affiliates (collectively referred...
People – Southeast
Apr 17 2017 // International broker and risk management firm Integro Insurance Brokers has promoted Mike Price to lead its global Sport team. The Atlanta-based Price will lead strategy and continued development of the sport division and...
PartnerRe Names Aon Benfield’s Cabrera as Head of Latin America
Mar 7 2017 // PartnerRe Ltd. announced that Humberto Cabrera has been appointed to the position of head of Latin America. He replaces interim head of Latin America, Salvatore Orlando, who will continue in his position of head of Middle...
PartnerRe to Buy Canada’s Aurigen Capital, in Life Reinsurance Push
Oct 21 2016 // PartnerRe Ltd., the reinsurer owned by John Elkann’s EXOR SpA, agreed to buy Aurigen Capital to expand in coverage of life policies in North America. PartnerRe agreed to pay C$375 million ($284 million) in a deal...
PartnerRe Taps Willis Re’s Beedle to Head Asia-Pacific
Sep 13 2016 // James Beedle will be appointed to the position of head of Asia-Pacific and CEO of Partner Reinsurance Asia Pte. Ltd. to head up PartnerRe’s business operations in that region. Subject to regulatory approval, Beedle...
Axis CEO Says Acquisition Still in Play Despite Striking Out on PartnerRe
Sep 12 2016 // Axis Capital Holdings Ltd., the reinsurer seeking to grow its business after losing a bidding war for PartnerRe, is looking for more partnerships and may try another comparable takeover, its chief executive officer...
PartnerRe Names Bruniecki as Head of Global Client & Broker Management
Aug 8 2016 // Bermuda-based PartnerRe Ltd. has appointed Jörg Bruniecki as head of Global Client & Broker Management, effective August 1. Responsible for ensuring that PartnerRe’s largest multinational clients experience a...
PartnerRe Appoints Senior Leaders to Implement Reorganization
Jul 7 2016 // PartnerRe Ltd. has announced a series of appointments, following the reorganization of its business units announced on June 30, 2016. As previously announced, PartnerRe has restructured its business units in order to...
PartnerRe Reorganizes Business Units to Align with Client Needs
Jul 1 2016 // PartnerRe Ltd. announced the formation of a new organizational structure designed to make it easier for clients to do business with the company. “The restructuring of PartnerRe’s business is aimed at better...
PartnerRe Reshapes $16B Investment Portfolio Under Elkann/EXOR’s Leadership
May 26 2016 // PartnerRe exited junk bonds and shifted funds into property as the reinsurer reshaped a $16 billion investment portfolio after being acquired by John Elkann’s EXOR SpA. EXOR’s approach is to focus on holdings...
PartnerRe Names Former EXOR Managing Director, Bonaccorso, as CFO
Apr 6 2016 // PartnerRe Ltd. announced that Mario Bonaccorso, formerly managing director at EXOR SpA, has been appointed chief financial officer, subject to Bermuda Immigration approval. Bill Babcock, who has served as executive vice...
PartnerRe Appoints EXOR’s Elkann as Chairman; Clarke Named CEO
Mar 24 2016 // EXOR SpA Chief Executive Officer John Elkann was named chairman of PartnerRe, the reinsurer that his investing firm acquired for [$6.9 billion on March 18, 2016 in its largest takeover]. PartnerRe President Emmanuel Clarke...
PartnerRe’s $6.9B Sale to EXOR Completed; Fitch Issues Downgrade
Mar 21 2016 // PrtnerRe’s new owner EXOR has closed its $6.9 billion acquisition of the Bermuda-based reinsurer, and Fitch Ratings quickly responded with a ratings downgrade that reflects some pessimism over the transaction and the...
PartnerRe Establishes Branch Office in Dubai
Dec 21 2015 // Bermuda-based PartnerRe Ltd. announced that its subsidiary, Partner Reinsurance Europe SE, has been granted a license from the Dubai Financial Services Authority (DFSA) to operate as an Authorized Firm in the Dubai...
PartnerRe’s Shareholders Approve Acquisition by EXOR
Nov 19 2015 // PartnerRe Ltd. announced Thursday that its shareholders voted to approve the proposed acquisition of the company by EXOR at a special general meeting of shareholders held at the company’s offices in Bermuda. The...
PartnerRe’s Q3 Earnings Impacted by EXOR Acquisition, ‘Difficult’ Market
Oct 27 2015 // As EXOR’s acquisition of Bermuda-based PartnerRe proceeds, it will be taking over a somewhat diminished company, as PartnerRe reported a net loss of $243.3 million, or $5.08 per share for the third quarter of 2015....
PartnerRe Estimates China’s Tianjin Explosions to Cost Between $50m and $70M
Oct 14 2015 // PartnerRe Ltd. estimates that losses from the August explosion in China’s Port of Tianjin will be between $50 million and $70 million pre-tax and net of retrocession and reinstatement premiums. These losses will be...
PartnerRe Files Definitive Proxy to Seal Acquisition by EXOR
Sep 29 2015 // Bermuda-based PartnerRe Ltd. announced that a Special General Meeting of shareholders will take place on Thursday, November 19, 2015 to vote on the previously announced merger agreement between PartnerRe and EXOR, and all...
No Competing Offers to EXOR Deal Received by PartnerRe
Sep 16 2015 // PartnerRe Ltd., the reinsurer that agreed to a takeover by Italy’s EXOR SpA in August, said the period to contact other potential bidders has ended with no other offers. “None of the third parties contacted...
Clarke Appointed PartnerRe President as Acquisition by EXOR Progresses
Sep 8 2015 // Partner Re announced that its Board of Directors has appointed Emmanuel Clarke as President of PartnerRe Ltd. effective immediately. He will be responsible for leading and managing all of the Company’s...
