PartnerRe Changes Name of French Unit

March 30, 2001

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.”

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