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 under the overall designation “PartnerRe.”
Patrick Thiele, CEO and President of PartnerRe Ltd., stated, “Following the acquisitions of SAFR in 1997 and Winterthur Re in 1998, PartnerRe undertook a long-term integration process to build a global organization, operating under the PartnerRe brand. This change is the final step in that process, and underlines the strategic importance of the Paris organization in the Group’s operations worldwide.”
Topics Mergers & Acquisitions France
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
